CRMT, Aroon Indicator entered an Uptrend on Oct 22, 2020.
Over the last three days, Tickeron A.I.dvisor has detected that CRMT'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 A.I.dvisor backtested this indicator and found 282 similar cases, 244 of which were successful. Based on this data, the odds of success are 87%. Current price $93.65 crossed the resistance line at $92.94 and is trading between $96.89 support and $92.94 resistance lines. Throughout the month of 09/22/20 - 10/22/20, the price experienced a +6% Uptrend, while the week of 10/15/20 - 10/22/20 shows a -2% Downtrend.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 01, 2020. You may want to consider a long position or call options on CRMT as a result. Tickeron A.I. detected that in 82 of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 84%.
The Moving Average Convergence Divergence (MACD) for CRMT just turned positive on October 02, 2020. Looking at past instances where CRMT's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 35 of 43 cases over the following month. The odds of a continued upward trend are 81%.
Following a +2.42% 3-day Advance, the price is estimated to grow further. Considering data from situations where CRMT advanced for three days, in 254 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 244 of 282 cases where CRMT 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 October 01, 2020. You may want to consider a long position or call options on CRMT as a result. Tickeron A.I. detected that in 82 of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 84%.
The Moving Average Convergence Divergence (MACD) for CRMT just turned positive on October 02, 2020. Looking at past instances where CRMT's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 35 of 43 cases over the following month. The odds of a continued upward trend are 81%.
Following a +2.42% 3-day Advance, the price is estimated to grow further. Considering data from situations where CRMT advanced for three days, in 254 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 244 of 282 cases where CRMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.