REZI a quarterly gainer, rising +130.02%.Expect Uptrend reversal
Resideo Technologies (REZI, $11.11) was one of top quarterly gainers, jumping +130.02% to $11.11 per share. Tickeron A.I.dvisor analyzed 140 stocks in the Miscellaneous Commercial Services Industry over the last three months, and discovered that 106 of them (75.53%) charted an Uptrend while 34 of them (24.47%) trended down. Tickeron A.I.dvisor found 22 similar cases when REZI's price went up 15% within three months. In 22 out of those 22 cases, REZI's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for REZI are 90%.
The Moving Average Convergence Divergence (MACD) crossed below the signal line.Tickeron AI shows that in 13 of 14 cases where REZI's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend are 90%.
The Stochastic Indicator may be shifting from an Uptrend to a Downtrend. Tickeron AI shows that in 13 of 17 cases where REZI's Stochastic indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 76%.
The Moving Average Convergence Divergence (MACD) crossed below the signal line.Tickeron AI shows that in 13 of 14 cases where REZI's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend are 90%.
The Stochastic Indicator may be shifting from an Uptrend to a Downtrend. Tickeron AI shows that in 13 of 17 cases where REZI's Stochastic indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 76%.