AlTorress

LQDT, Aroon Indicator entered an Uptrend on December 23, 2020.

Long
NASDAQ:LQDT   Liquidity Services, Inc.
Over the last three days, Tickeron's A.I.dvisor has detected that LQDT'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 225 similar cases, 194 of which were successful. Based on this data, the odds of success are 86%. Current price $16.81 is above $10.16 the highest resistance line found by Tickeron A.I. Throughout the month of 11/20/20 - 12/23/20, the price experienced a +89% Uptrend. During the week of 12/16/20 - 12/23/20, the stock enjoyed a +12% Uptrend growth.

Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 10, 2020. You may want to consider a long position or call options on LQDT as a result. Tickeron A.I. detected that in 68 of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 72%.

The Moving Average Convergence Divergence (MACD) for LQDT just turned positive on November 19, 2020. Looking at past instances where LQDT's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 34 of 43 cases over the following month. The odds of a continued upward trend are 79%.

LQDT moved above its 50-day Moving Average on August 06, 2020 date and that indicates a change from a downward trend to an upward trend.

Following a +8.54% 3-day Advance, the price is estimated to grow further. Considering data from situations where LQDT advanced for three days, in 179 of 241 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 194 of 225 cases where LQDT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 86%.
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