This price move could indicate a change in the trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 66 similar cases, and 48 were successful. Based on this data, the odds of success are 73%. Current price $11.80 crossed the resistance line at $11.80 and is trading between $11.80 resistance and $11.79 resistance lines. Throughout the month of 10/10/20 - 11/01/20, the price experienced a -0.28% Downtrend, while the week of 10/27/20 - 11/01/20 shows a +2% Uptrend.
Bullish Trend Analysis
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. Tickeron A.I. detected that in 53 of 83 cases where DCR.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 64%.
The Moving Average Convergence Divergence (MACD) for DCR.X just turned positive on November 01, 2020. Looking at past instances where DCR.X's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 42 of 64 cases over the following month. The odds of a continued upward trend are 66%.
DCR.X moved above its 50-day Moving Average on November 01, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for DCR.X crossed bullishly above the 50-day moving average on October 30, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 13 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 76%.
Following a +3.38% 3-day Advance, the price is estimated to grow further. Considering data from situations where DCR.X advanced for three days, in 236 of 353 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 158 of 231 cases where DCR.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 68%.
Bullish Trend Analysis
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. Tickeron A.I. detected that in 53 of 83 cases where DCR.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 64%.
The Moving Average Convergence Divergence (MACD) for DCR.X just turned positive on November 01, 2020. Looking at past instances where DCR.X's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 42 of 64 cases over the following month. The odds of a continued upward trend are 66%.
DCR.X moved above its 50-day Moving Average on November 01, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for DCR.X crossed bullishly above the 50-day moving average on October 30, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 13 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 76%.
Following a +3.38% 3-day Advance, the price is estimated to grow further. Considering data from situations where DCR.X advanced for three days, in 236 of 353 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 158 of 231 cases where DCR.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 68%.