Over the last three days, Tickeron A.I.dvisor has detected that MRTX'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 A.I.dvisor backtested this indicator and found 243 similar cases, 220 of which were successful. Based on this data, the odds of success are 90%. Current price $216.70 is above $167.27 the highest resistance line found by Tickeron A.I. Throughout the month of 09/29/20 - 10/29/20, the price experienced a +32% Uptrend. During the week of 10/22/20 - 10/29/20, the stock enjoyed a +22% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator
moved above the 0 level on October 26, 2020. You may want to consider a long position or call options on MRTX
as a result. Tickeron A.I. detected that in 71 of 79 past instances where the momentum indicator
moved above 0, the stock continued to climb. The odds of a continued upward trend are 90%.
Following a +16.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where MRTX advanced
for three days, in 277 of 313 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.
Indicator entered an Uptrend today. Tickeron A.I. detected that in 220 of 243 cases where MRTX
Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.