SAVA, Aroon Indicator entered an Uptrend on February 02, 2021.
Over the last three days, Tickeron's A.I.dvisor has detected that SAVA'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 185 similar cases, 161 of which were successful. Based on this data, the odds of success are 87%. Current price $77.19 is above $12.32 the highest resistance line found by Tickeron A.I. Throughout the month of 12/30/20 - 02/02/21, the price experienced a +691% Uptrend. During the week of 01/26/21 - 02/02/21, the stock enjoyed a +185% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 06, 2021. You may want to consider a long position or call options on SAVA as a result. In 73 of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 81%.
The Moving Average Convergence Divergence (MACD) for SAVA just turned positive on January 05, 2021. Looking at past instances where SAVA's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 31 of 38 cases over the following month. The odds of a continued upward trend are 82%.
SAVA moved above its 50-day Moving Average on January 13, 2021 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for SAVA crossed bullishly above the 50-day moving average on January 14, 2021. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 13 of 15 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 87%.
Following a +179.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where SAVA advanced for three days, in 206 of 233 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 161 of 185 cases where SAVA 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 January 06, 2021. You may want to consider a long position or call options on SAVA as a result. In 73 of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 81%.
The Moving Average Convergence Divergence (MACD) for SAVA just turned positive on January 05, 2021. Looking at past instances where SAVA's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 31 of 38 cases over the following month. The odds of a continued upward trend are 82%.
SAVA moved above its 50-day Moving Average on January 13, 2021 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for SAVA crossed bullishly above the 50-day moving average on January 14, 2021. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 13 of 15 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 87%.
Following a +179.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where SAVA advanced for three days, in 206 of 233 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 161 of 185 cases where SAVA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.