AlTorress

TPTX, Aroon Indicator entered an Uptrend on December 14, 2020.

Long
NASDAQ:TPTX   None
Over the last three days, Tickeron's A.I.dvisor has detected that TPTX'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 107 similar cases, 94 of which were successful. Based on this data, the odds of success are 88%. Current price $122.06 is above $108.29 the highest resistance line found by Tickeron A.I. Throughout the month of 11/11/20 - 12/14/20, the price experienced a +21% Uptrend. During the week of 12/07/20 - 12/14/20, the stock enjoyed a +22% Uptrend growth.

Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 03, 2020. You may want to consider a long position or call options on TPTX as a result. Tickeron A.I. detected that in 20 of 23 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 87%.

TPTX moved above its 50-day Moving Average on December 08, 2020 date and that indicates a change from a downward trend to an upward trend.

The 10-day Moving Average for TPTX crossed bullishly above the 50-day moving average on August 20, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 2 of 3 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 67%.

Following a +7.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where TPTX advanced for three days, in 120 of 130 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 94 of 107 cases where TPTX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 88%.
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