Over the last three days, Tickeron's A.I.dvisor has detected that AMD'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 305 similar cases, 264 of which were successful. Based on this data, the odds of success are 87%. Current price $92.51 is above $84.48 the highest resistance line found by Tickeron A.I. Throughout the month of 11/04/20 - 12/07/20, the price experienced a +16% Uptrend. During the week of 11/30/20 - 12/07/20, the stock enjoyed a +2% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 23, 2020. You may want to consider a long position or call options on AMD as a result. Tickeron A.I. detected that in 73 of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 86%.
AMD moved above its 50-day Moving Average on November 11, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for AMD crossed bullishly above the 50-day moving average on November 13, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 12 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 80%.
Following a +1.91% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMD advanced for three days, in 278 of 323 cases, the price rose further within 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 264 of 305 cases where AMD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 23, 2020. You may want to consider a long position or call options on AMD as a result. Tickeron A.I. detected that in 73 of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 86%.
AMD moved above its 50-day Moving Average on November 11, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for AMD crossed bullishly above the 50-day moving average on November 13, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 12 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 80%.
Following a +1.91% 3-day Advance, the price is estimated to grow further. Considering data from situations where AMD advanced for three days, in 278 of 323 cases, the price rose further within 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 264 of 305 cases where AMD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.