WK, (MACD) Histogram just turned positive
This is a Bullish indicator signaling WK's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 55 similar cases where WK's MACD histogram became positive, and 47 of them led to successful outcomes. Odds of Success: 85%. Current price $55.89 crossed the resistance line at $55.62 and is trading between $58.61 resistance and $55.62 resistance lines. Throughout the month of 08/20/20 - 09/22/20, the price experienced a +2% Uptrend. During the week of 09/15/20 - 09/22/20, the stock enjoyed a +7% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 18, 2020. You may want to consider a long position or call options on WK as a result. Tickeron A.I. detected that in 72 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
WK moved above its 50-day Moving Average on September 18, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +5.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where WK advanced for three days, in 248 of 332 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 263 of 314 cases where WK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 84%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 18, 2020. You may want to consider a long position or call options on WK as a result. Tickeron A.I. detected that in 72 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 76%.
WK moved above its 50-day Moving Average on September 18, 2020 date and that indicates a change from a downward trend to an upward trend.
Following a +5.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where WK advanced for three days, in 248 of 332 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 263 of 314 cases where WK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 84%.
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