STM was a top gainer, rising +36.92%.Expect Uptrend continuation

ST Microelectronics - New York Shares (STM, $27.41) was one of top quarterly gainers, jumping +36.92% to $27.41 per share. Tickeron A.I.dvisor analyzed 74 stocks in the Semiconductors Industry over the last three months, and discovered that 71 of them (96.43%) charted an Uptrend while 3 of them (3.57%) trended down. Tickeron A.I.dvisor found 429 similar cases when STM's price jumped over 15% within three months. In 309 out of those 429 cases, STM's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for STM are 72%.

The 50-day Moving Average crossing above its 200-day Moving Average indicates a buy signal, due to the trend repositioning higher. In 2 of 2 cases where STM's 50-day Moving Average crossed above its 200-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 90%.