Bullish Trend Analysis
The moved above the 0 level on November 23, 2020. You may want to consider a long position or call options on DOMO as a result. Tickeron A.I. detected that in 35 of 48 past instances where the moved above 0, the stock continued to climb. The odds of a continued upward trend are 73%.
The Moving Average Convergence Divergence ( ) for DOMO just turned positive on November 17, 2020. Looking at past instances where DOMO's turned positive, the stock continued to rise, Tickeron A.I. shows that in 15 of 17 cases over the following month. The odds of a continued upward trend are 88%.
DOMO moved above its 50-day Moving Average on November 25, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for DOMO crossed bullishly above the 50-day moving average on December 03, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 4 of 5 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 80%.
Following a +18.82% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOMO advanced for three days, in 139 of 155 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.