Over the last three days, Tickeron A.I.dvisor has detected that SSRM'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 194 similar cases, 165 of which were successful. Based on this data, the odds of success are 85%. Current price $22.66 crossed the support line at $22.47 and is trading between $23.71 resistance and $22.47 support lines. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +9% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +8% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 25, 2020. You may want to consider a long position or call options on SSRM as a result. In 51 of 65 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.
The Moving Average Convergence Divergence ( MACD ) for SSRM just turned positive on August 28, 2020. Looking at past instances where SSRM's MACD turned positive, the stock continued to rise in 28 of 32 cases over the following month. The odds of a continued upward trend are 88%.
SSRM moved above its 50-day Moving Average on September 14, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +8.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where SSRM advanced for three days, Tickeron A.I. shows that in 145 of 182 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 194 cases where SSRM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 25, 2020. You may want to consider a long position or call options on SSRM as a result. In 51 of 65 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.
The Moving Average Convergence Divergence ( MACD ) for SSRM just turned positive on August 28, 2020. Looking at past instances where SSRM's MACD turned positive, the stock continued to rise in 28 of 32 cases over the following month. The odds of a continued upward trend are 88%.
SSRM moved above its 50-day Moving Average on September 14, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +8.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where SSRM advanced for three days, Tickeron A.I. shows that in 145 of 182 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 194 cases where SSRM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.