The price moved above its 50-day Moving Average, which indicates a change from a Downtrend to an Uptrend. Tickeron AI shows that
in 26 of 33 similar backtested cases where MOBL's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 79%.
MOBL's Aroon indicator reaches into Uptrend on July 17, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that
in 194 of 236 cases where MOBL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 82%.
Current price $5.18 crossed the resistance line at $5.00 and is trading between $6.27 resistance and $5.00 resistance lines. Throughout the month of 06/15/20 - 07/16/20, the price experienced a +13% Uptrend. During the week of 07/09/20 - 07/16/20, the stock enjoyed a +0.29% Uptrend growth.
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