Bullish Trend Analysis
The Indicator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a +2.49% 3-day Advance, the price is estimated to grow further. Considering data from situations where MDC advanced for three days, Tickeron A.I. shows that in 233 of 341 cases, the price rose further within the following month. The odds of a continued upward trend are 68%.
MDC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Indicator entered an Uptrend today. Tickeron A.I. detected that in 200 of 282 cases where MDC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.