AlTorress

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

Long
NASDAQ:NSTG   None
Over the last three days, Tickeron's A.I.dvisor has detected that NSTG'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 247 similar cases, 218 of which were successful. Based on this data, the odds of success are 88%. Current price $72.45 is above $46.75 the highest support line found by Tickeron A.I. Throughout the month of 11/20/20 - 12/23/20, the price experienced a +53% Uptrend. During the week of 12/16/20 - 12/23/20, the stock enjoyed a +8% Uptrend growth.

Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 04, 2020. You may want to consider a long position or call options on NSTG as a result. Tickeron A.I. detected that in 81 of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 88%.

The Moving Average Convergence Divergence (MACD) for NSTG just turned positive on November 04, 2020. Looking at past instances where NSTG's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 38 of 45 cases over the following month. The odds of a continued upward trend are 84%.

The 10-day Moving Average for NSTG crossed bullishly above the 50-day moving average on November 16, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 14 of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.

Following a +4.51% 3-day Advance, the price is estimated to grow further. Considering data from situations where NSTG advanced for three days, in 251 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 218 of 247 cases where NSTG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 88%.
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