PTCT, Aroon Indicator entered an Uptrend on Nov 24, 2020.
Over the last three days, Tickeron's A.I.dvisor has detected that PTCT'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 278 similar cases, 243 of which were successful. Based on this data, the odds of success are 87%. Current price $63.35 is above $56.69 the highest resistance line found by Tickeron A.I. Throughout the month of 10/23/20 - 11/24/20, the price experienced a +22% Uptrend. During the week of 11/17/20 - 11/24/20, the stock enjoyed a +0.54% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 28, 2020. You may want to consider a long position or call options on PTCT as a result. Tickeron A.I. detected that in 81 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.
PTCT moved above its 50-day Moving Average on October 01, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for PTCT crossed bullishly above the 50-day moving average on October 07, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 10 of 11 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%.
The 50-day Moving Average for PTCT moved above the 200-day moving average on November 03, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +2.27% 3-day Advance, the price is estimated to grow further. Considering data from situations where PTCT advanced for three days, in 291 of 340 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 243 of 278 cases where PTCT 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 October 28, 2020. You may want to consider a long position or call options on PTCT as a result. Tickeron A.I. detected that in 81 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.
PTCT moved above its 50-day Moving Average on October 01, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for PTCT crossed bullishly above the 50-day moving average on October 07, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 10 of 11 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%.
The 50-day Moving Average for PTCT moved above the 200-day moving average on November 03, 2020. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +2.27% 3-day Advance, the price is estimated to grow further. Considering data from situations where PTCT advanced for three days, in 291 of 340 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 243 of 278 cases where PTCT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.