Bullish Trend Analysis
The Moving Average Convergence Divergence ( ) for RNG just turned positive on November 30, 2020. Looking at past instances where RNG's turned positive, the stock continued to rise, Tickeron A.I. shows that in 40 of 49 cases over the following month. The odds of a continued upward trend are 82%.
RNG moved above its 50-day Moving Average on November 10, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +2.89% 3-day Advance, the price is estimated to grow further. Considering data from situations where RNG advanced for three days, in 280 of 344 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
The Indicator entered an Uptrend today. Tickeron A.I. detected that in 259 of 295 cases where RNG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 88%.