IESC, Stochastic Oscillator left the oversold zone on Nov 04, 20
This is a signal that IESC's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. Tickeron A.I.dvisor identified 61 similar cases where IESC's stochastic oscillator exited the oversold zone, and 55 of them led to successful outcomes. Odds of Success: 90%. Current price $35.61 crossed the resistance line at $35.23 and is trading between $36.17 resistance and $35.23 resistance lines. Throughout the month of 10/05/20 - 11/04/20, the price experienced a -2% Downtrend, while the week of 10/28/20 - 11/04/20 shows a +6% 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 55 of 61 cases where IESC'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 90%.
IESC moved above its 50-day Moving Average on November 03, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +6.61% 3-day Advance, the price is estimated to grow further. Considering data from situations where IESC advanced for three days, in 249 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
IESC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 144 of 207 cases where IESC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 70%.
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 55 of 61 cases where IESC'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 90%.
IESC moved above its 50-day Moving Average on November 03, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +6.61% 3-day Advance, the price is estimated to grow further. Considering data from situations where IESC advanced for three days, in 249 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
IESC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 144 of 207 cases where IESC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 70%.