AlTorress

DBI was a top gainer, rising +30.92%. Expect Uptrend reversal

Short
NYSE:DBI   Designer Brands Inc.
Designer Brands Inc - Ordinary Shares - (DBI, $6.52) was one of top quarterly gainers, jumping +30.92% to $6.52 per share. Tickeron A.I.dvisor analyzed 38 stocks in the Apparel/Footwear Retail Industry over the last three months, and discovered that 34 of them (89.29%) charted an Uptrend while 4 of them (10.71%) trended down. Tickeron A.I.dvisor found 7 similar cases when DBI's price went up 15% within three months. In 7 out of those 7 cases, DBI's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for DBI are 90%.
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