Over the last three days, Tickeron A.I.dvisor has detected that AVLR's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron A.I.dvisor backtested this indicator and found 147 similar cases, 134 of which were successful. Based on this data, the odds of success are 90%. Current price $153.54 is above $134.25 the highest support line found by Tickeron A.I. Throughout the month of 09/16/20 - 10/16/20, the price experienced a +32% Uptrend. During the week of 10/09/20 - 10/16/20, the stock enjoyed a +4% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 21, 2020. You may want to consider a long position or call options on AVLR as a result. Tickeron A.I. detected that in 37 of 49 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
The Moving Average Convergence Divergence (MACD) for AVLR just turned positive on September 22, 2020. Looking at past instances where AVLR's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 22 of 25 cases over the following month. The odds of a continued upward trend are 88%.
AVLR moved above its 50-day Moving Average on September 25, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +2.51% 3-day Advance, the price is estimated to grow further. Considering data from situations where AVLR advanced for three days, in 124 of 148 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 134 of 147 cases where AVLR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 21, 2020. You may want to consider a long position or call options on AVLR as a result. Tickeron A.I. detected that in 37 of 49 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
The Moving Average Convergence Divergence (MACD) for AVLR just turned positive on September 22, 2020. Looking at past instances where AVLR's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 22 of 25 cases over the following month. The odds of a continued upward trend are 88%.
AVLR moved above its 50-day Moving Average on September 25, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +2.51% 3-day Advance, the price is estimated to grow further. Considering data from situations where AVLR advanced for three days, in 124 of 148 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 134 of 147 cases where AVLR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.