AlTorress

APPF, MACD Histogram just turned positive

Long
NASDAQ:APPF   AppFolio, Inc.
This is a Bullish indicator signaling APPF's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron's A.I. dvisor identified 47 similar cases where APPF's MACD histogram became positive, and 41 of them led to successful outcomes. Odds of Success: 87%. Current price $159.87 crossed the support line at $157.52 and is trading between $162.71 support and $157.52 support lines. Throughout the month of 12/31/20 - 02/03/21, the price experienced a -12% Downtrend. During the week of 01 /27/21 - 02/03/21, the stock fell -3%.

Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where APPF's RSI Indicator exited the oversold zone, 16 of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 89%.

The Moving Average Convergence Divergence ( MACD ) for APPF just turned positive on February 03, 2021. Looking at past instances where APPF's MACD turned positive, the stock continued to rise. Tickeron A.I. shows that in 41 of 47 cases over the following month. The odds of a continued upward trend are 87%.

Following a +3.99% 3-day Advance, the price is estimated to grow further. Considering data from situations where APPF advanced for three days, in 307 of 361 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.

APPF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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