EQ, a top quarterly gainer, rising +795%.Expect Uptrend reversal
Equillium (EQ, $26.5) was one of top quarterly gainers, jumping +795.27% to $26.5 per share. Tickeron A.I.dvisor analyzed 383 stocks in the Biotechnology Industry over the last three months, and discovered that 298 of them (77.69%) charted an Uptrend while 85 of them (22.31%) trended down. Tickeron A.I.dvisor found 51 similar cases when EQ's price went up 15% within three months. In 51 out of those 51 cases, EQ's price went down during the following month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for EQ are 90%.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. Tickeron AI shows that in 13 of 13 cases where EQ's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.
The Aroon Indicator entered a Downtrend today.Tickeron AI shows that in 33 of 42 cases where EQ Aroon's Indicator entered a Downtrend, the price fell further within the following month. The odds of a continued Downtrend are 79%.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. Tickeron AI shows that in 13 of 13 cases where EQ's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.
The Aroon Indicator entered a Downtrend today.Tickeron AI shows that in 33 of 42 cases where EQ Aroon's Indicator entered a Downtrend, the price fell further within the following month. The odds of a continued Downtrend are 79%.