ALT a top gainer, rising +922.8%. Expect Uptrend continuationAltimmune (ALT, $31.4) was one of top quarterly gainers, jumping +922.8% to $31.4 per share. Tickeron A.I.dvisor analyzed 138 stocks in the Miscellaneous Commercial Services Industry over the last three months, and discovered that 120 of them (86.96%) charted an Uptrend while 18 of them (13.04%) trended down. Tickeron A.I.dvisor found 63 similar cases when ALT's price jumped over 15% within three months. In 38 out of those 63 cases, ALT's price went up during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend continuation for ALT are 60%.
ALT's in Uptrend: Moving Average Convergence Divergence (MACD) Histogram crosses above signal line
This is a Bullish indicator signaling ALT's price could rise. Traders may explore going long on the ticker or buying call options. Tickeron AI shows that in 24 of 28 cases where ALT's MACD histogram became positive, the price rose further within the following month. The odds of a continued Uptrend are 86%.
Current price $29.03 is above $4.49 the highest resistance line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/20/20, the price experienced a +330% Uptrend. During the week of 07/13/20 - 07/20/20, the stock enjoyed a +8% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on June 22, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that in 43 of 51 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 84%
