Arcimoto (FUV, $5.95) was one of top quarterly gainers, jumping +278.98% to $5.95 per share. Tickeron A.I.dvisor analyzed 16 stocks in the Motor Vehicles Industry over the last three months, and discovered that 16 of them (100%) charted an Uptrend while none of them (0%) trended down. Tickeron A.I.dvisor found 125 similar cases when FUV's price went up 15% within three months. In 122 out of those 125 cases, FUV's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for FUV are 90%.
FUV's in Downtrend: Moving Average Convergence Divergence (MACD) Histogram just turned negative
This is a Bearish indicator signaling FUV's price could decline. Traders may explore shorting the ticker or looking at put options. Tickeron AI shows that in 20 of 22 cases where FUV's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend are 90%.
Current price $6.02 is above $3.30 the highest support line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/20/20, the price experienced a +69% Uptrend, while the week of 07/13/20 - 07/20/20 shows a -5% Downtrend.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. Tickeron AI shows that in 20 of 20 cases where FUV's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.
FUV's in Downtrend: Moving Average Convergence Divergence (MACD) Histogram just turned negative
This is a Bearish indicator signaling FUV's price could decline. Traders may explore shorting the ticker or looking at put options. Tickeron AI shows that in 20 of 22 cases where FUV's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend are 90%.
Current price $6.02 is above $3.30 the highest support line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/20/20, the price experienced a +69% Uptrend, while the week of 07/13/20 - 07/20/20 shows a -5% Downtrend.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. Tickeron AI shows that in 20 of 20 cases where FUV's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.