SRPT, MACD Histogram just turned positive

2020年11月26日

This is a Bullish indicator signaling SRPT's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron's A.I. dvisor identified 41 similar cases where SRPT's MACD histogram became positive, and 33 of them led to successful outcomes. Odds of Success: 80%. Current price $135.72 crossed the support line at $134.67 and is trading between $138.50 support and $134.67 support lines. Throughout the month of 10/26/20 - 11/25/20, the price experienced a -2% Downtrend, while the week of 11/18/20 - 11/25/20 shows a +2% Uptrend.

Bullish Trend Analysis
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. Tickeron A.I. detected that in 41 of 49 cases where SRPT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 84%.

The Moving Average Convergence Divergence (MACD) for SRPT just turned positive on November 25, 2020. Looking at past instances where SRPT's MACD turned positive, the stock continued to rise, Tickeron A.I. detected that in 33 of 41 cases over the following month. The odds of a continued upward trend are 80%.

Following a +0.92% 3-day Advance, the price is estimated to grow further. Considering data from situations where SRPT advanced for three days, in 279 of 337 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

SRPT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.