This is a Bullish indicator signaling SHYF's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 46 similar cases where SHYF's MACD histogram became positive, and 37 of them led to successful outcomes. Odds of Success: 80%. Current price $21.89 is above $20.26 the highest resistance line found by Tickeron A.I. Throughout the month of 10/06/20 - 11/05/20, the price experienced a +3% Uptrend. During the week of 10/29/20 - 11/05/20, the stock enjoyed a +11% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 05, 2020. You may want to consider a long position or call options on SHYF as a result. Tickeron A.I. detected that in 78 of 96 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 SHYF just turned positive on November 05, 2020. Looking at past instances where SHYF's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 37 of 46 cases over the following month. The odds of a continued upward trend are 80%.
The 10-day Moving Average for SHYF crossed bullishly above the 50-day moving average on October 07, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 11 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 73%.
Following a +8.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where SHYF advanced for three days, in 212 of 259 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 05, 2020. You may want to consider a long position or call options on SHYF as a result. Tickeron A.I. detected that in 78 of 96 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 SHYF just turned positive on November 05, 2020. Looking at past instances where SHYF's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 37 of 46 cases over the following month. The odds of a continued upward trend are 80%.
The 10-day Moving Average for SHYF crossed bullishly above the 50-day moving average on October 07, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 11 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 73%.
Following a +8.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where SHYF advanced for three days, in 212 of 259 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.