This is a Bullish indicator signaling GDS's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 39 similar cases where GDS's MACD histogram became positive, and 32 of them led to successful outcomes. Odds of Success: 82%. Current price $86.17 is above $85.61 the highest resistance line found by Tickeron A.I. Throughout the month of 09/24/20 - 10/26/20, the price experienced a +10% Uptrend. During the week of 10/19/20 - 10/26/20, the stock enjoyed a +5% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GDS just turned positive on October 26, 2020. Looking at past instances where GDS's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 32 of 39 cases over the following month. The odds of a continued upward trend are 82%.
GDS moved above its 50-day Moving Average on September 25, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for GDS crossed bullishly above the 50-day moving average on October 01, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 8 of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 73%.
Following a +1.71% 3-day Advance, the price is estimated to grow further. Considering data from situations where GDS advanced for three days, in 231 of 261 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 219 of 247 cases where GDS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 89%.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GDS just turned positive on October 26, 2020. Looking at past instances where GDS's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 32 of 39 cases over the following month. The odds of a continued upward trend are 82%.
GDS moved above its 50-day Moving Average on September 25, 2020 date and that indicates a change from a downward trend to an upward trend.
The 10-day Moving Average for GDS crossed bullishly above the 50-day moving average on October 01, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 8 of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 73%.
Following a +1.71% 3-day Advance, the price is estimated to grow further. Considering data from situations where GDS advanced for three days, in 231 of 261 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 219 of 247 cases where GDS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 89%.