RCM in Uptrend: 50-day Moving Average broke above 200-day Moving Average on July 21, 2020
A buy signal is indicated by this change in price, due to the trend repositioning higher.Tickeron AI shows that in 2 of 2 cases where RCM's 50-day Moving Average crossed above its 200-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 90%.
Current price $13.19 crossed the resistance line at $13.39 and is trading between $13.39 resistance and $12.90 support lines. Throughout the month of 06/18/20 - 07/21/20, the price experienced a +17% Uptrend, while the week of 07/14/20 - 07/21/20 shows a -2% Downtrend.
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where RCM's MACD histogram became positive. Tickeron AI shows that in 31 of 36 cases, the price rose further within the following month. The odds of a continued Uptrend are 86%.
A buy signal is indicated by this change in price, due to the trend repositioning higher.Tickeron AI shows that in 2 of 2 cases where RCM's 50-day Moving Average crossed above its 200-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 90%.
Current price $13.19 crossed the resistance line at $13.39 and is trading between $13.39 resistance and $12.90 support lines. Throughout the month of 06/18/20 - 07/21/20, the price experienced a +17% Uptrend, while the week of 07/14/20 - 07/21/20 shows a -2% Downtrend.
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where RCM's MACD histogram became positive. Tickeron AI shows that in 31 of 36 cases, the price rose further within the following month. The odds of a continued Uptrend are 86%.