Over the last three days, Tickeron A.I.dvisor has detected that EGAN'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 213 similar cases, 195 of which were successful. Based on this data, the odds of success are 90%. Current price $18.83 is above $13.06 the highest support line found by Tickeron A.I. Throughout the month of 09/11/20 - 10/13/20, the price experienced a +45% Uptrend. During the week of 10/06/20 - 10/13/20, the stock enjoyed a +27% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 30, 2020. You may want to consider a long position or call options on EGAN as a result. Tickeron A.I. detected that in 88 of 110 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 80%.
The Moving Average Convergence Divergence (MACD) for EGAN just turned positive on October 05, 2020. Looking at past instances where EGAN's MACD turned positive, the stock continued to rise, Tickeron A.I. detected that in 33 of 44 cases over the following month. The odds of a continued upward trend are 75%.
Following a +16.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where EGAN advanced for three days, in 187 of 236 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 30, 2020. You may want to consider a long position or call options on EGAN as a result. Tickeron A.I. detected that in 88 of 110 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 80%.
The Moving Average Convergence Divergence (MACD) for EGAN just turned positive on October 05, 2020. Looking at past instances where EGAN's MACD turned positive, the stock continued to rise, Tickeron A.I. detected that in 33 of 44 cases over the following month. The odds of a continued upward trend are 75%.
Following a +16.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where EGAN advanced for three days, in 187 of 236 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.