AlTorress

PAYS, enters Uptrend Momentum ascends above 0 level on 10/20/20

Long
NASDAQ:PAYS   Paysign, Inc.
This indicator may be signaling that PAYS's price has momentum to move higher, since its current price exceeds the price logged 14 days ago. Traders may consider buying the stock or exploring call options. Tickeron A.I.dvisor backtested 98 similar cases where PAYS's Momentum Indicator exceeded 0, and 83 of them led to a successful outcome. Odds of Success: 85%. Current price $5.62 is below $6.27 the lowest support line found by Tickeron A.I. Throughout the month of 09/18/20 - 10/20/20, the price experienced a -3% Downtrend. During the week of 10/13/20 - 10/20/20, the stock fell -3%.

Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PAYS's RSI Indicator exited the oversold zone, 11 of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 65%.

The Momentum Indicator moved above the 0 level on October 20, 2020. You may want to consider a long position or call options on PAYS as a result. Tickeron A.I. detected that in 83 of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.

The Moving Average Convergence Divergence (MACD) for PAYS just turned positive on September 16, 2020. Looking at past instances where PAYS's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 42 of 48 cases over the following month. The odds of a continued upward trend are 88%.

Following a +4.11% 3-day Advance, the price is estimated to grow further. Considering data from situations where PAYS advanced for three days, in 180 of 207 cases, the price rose further within the following month. The odds of a continued upward trend are 87%.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 228 of 266 cases where PAYS 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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