Over the last three days, Tickeron's A.I.dvisor has detected that PS'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 134 similar cases, 117 of which were successful. Based on this data, the odds of success are 87%. Current price $20.71 crossed the support line at $20.64 and is trading between $21.17 resistance and $20.64 support lines. Throughout the month of 12/02/20 - 01/05/21, the price experienced a +19% Uptrend. During the week of 12/28/20 - 01/05/21, the stock enjoyed a +0.67% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 25, 2020. You may want to consider a long position or call options on PS as a result. Tickeron A.I. detected that in 34 of 42 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 81%.
PS moved above its 50-day Moving Average on December 01, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for PS crossed bullishly above the 50-day moving average on December 09, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 8 of 9 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 89%.
Following a +2.84% 3-day Advance, the price is estimated to grow further. Considering data from situations where PS advanced for three days, in 133 of 170 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 117 of 134 cases where PS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 25, 2020. You may want to consider a long position or call options on PS as a result. Tickeron A.I. detected that in 34 of 42 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 81%.
PS moved above its 50-day Moving Average on December 01, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for PS crossed bullishly above the 50-day moving average on December 09, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 8 of 9 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 89%.
Following a +2.84% 3-day Advance, the price is estimated to grow further. Considering data from situations where PS advanced for three days, in 133 of 170 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 117 of 134 cases where PS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.