EYE, Aroon Indicator entered an Uptrend on November 16, 2020.
Over the last three days, Tickeron's A.I.dvisor has detected that EYE'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's A.I.dvisor backtested this indicator and found 149 similar cases, 139 of which were successful. Based on this data, the odds of success are 90%. Current price $42.09 is above $41.07 the highest support line found by Tickeron A.I. Throughout the month of 10/15/20 - 11/16/20, the price experienced a +4% Uptrend, while the week of 11/09/20 - 11/16/20 shows a -11% Downtrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2020. You may want to consider a long position or call options on EYE as a result. Tickeron A.I. detected that in 39 of 51 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
Following a +6.35% 3-day Advance, the price is estimated to grow further. Considering data from situations where EYE advanced for three days, in 158 of 198 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 139 of 149 cases where EYE 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 November 02, 2020. You may want to consider a long position or call options on EYE as a result. Tickeron A.I. detected that in 39 of 51 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
Following a +6.35% 3-day Advance, the price is estimated to grow further. Considering data from situations where EYE advanced for three days, in 158 of 198 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 139 of 149 cases where EYE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.