Over the last three days, Tickeron A.I.dvisor has detected that TXG'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 92 similar cases, 86 of which were successful. Based on this data, the odds of success are 90%. Current price $152.96 is above $113.51 the highest resistance line found by Tickeron A.I. Throughout the month of 09/17/20 - 10/19/20, the price experienced a +36% Uptrend. During the week of 10/12/20 - 10/19/20, the stock enjoyed a +4% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 28, 2020. You may want to consider a long position or call options on TXG as a result. Tickeron A.I. detected that in 14 of 16 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 88%.
The Moving Average Convergence Divergence (MACD) for TXG just turned positive on October 02, 2020. Looking at past instances where TXG's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 6 of 7 cases over the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 86 of 92 cases where TXG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 28, 2020. You may want to consider a long position or call options on TXG as a result. Tickeron A.I. detected that in 14 of 16 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 88%.
The Moving Average Convergence Divergence (MACD) for TXG just turned positive on October 02, 2020. Looking at past instances where TXG's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 6 of 7 cases over the following month. The odds of a continued upward trend are 86%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 86 of 92 cases where TXG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.