AlTorress

COUP, MACD Histogram just turned positive

Long
NASDAQ:COUP   None
This is a Bullish indicator signaling COUP's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 36 similar cases where COUP's MACD histogram became positive, and 35 of them led to successful outcomes. Odds of Success: 90%. Current price $272.83 crossed the resistance line at $290.79 and is trading between $290.79 resistance and $220.78 resistance lines. Throughout the month of 08/24/20 - 09/24/20, the price experienced a -11% Downtrend, while the week of 09/17/20 - 09/24/20 shows a +8% Uptrend.

Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 23, 2020. You may want to consider a long position or call options on COUP as a result. Tickeron A.I. detected that in 63 of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 86%.

The Moving Average Convergence Divergence (MACD) for COUP just turned positive on September 24, 2020. Looking at past instances where COUP's MACD turned positive, the stock continued to rise in 35 of 36 cases over the following month. The odds of a continued upward trend are 90%.

Following a +8.08% 3-day Advance, the price is estimated to grow further. Considering data from situations where COUP advanced for three days, Tickeron A.I. shows that in 247 of 287 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.

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

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 231 of 273 cases where COUP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.
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