AlTorress

REPL, Aroon Indicator entered an Uptrend on Nov 09, 2020.

Long
NASDAQ:REPL   Replimune Group, Inc.
Over the last three days, Tickeron A.I.dvisor has detected that REPL'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 A.I.dvisor backtested this indicator and found 116 similar cases, 102 of which were successful. Based on this data, the odds of success are 88%. Current price $45.45 is above $27.00 the highest resistance line found by Tickeron A.I. Throughout the month of 10/08/20 - 11/09/20, the price experienced a +75% Uptrend. During the week of 11/02/20 - 11/09/20, the stock enjoyed a +5% Uptrend growth.

Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 03, 2020. You may want to consider a long position or call options on REPL as a result. Tickeron A.I. detected that in 31 of 40 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 77%.

REPL moved above its 50-day Moving Average on September 29, 2020 date and that indicates a change from a downward trend to an upward trend.

The 10-day Moving Average for REPL crossed bullishly above the 50-day moving average on October 08, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 7 of 7 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 +12.28% 3-day Advance, the price is estimated to grow further. Considering data from situations where REPL advanced for three days, in 120 of 141 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 102 of 116 cases where REPL 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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