AlTorress

IMUX, Stochastic Oscillator left the oversold zone on January 06

Long
NASDAQ:IMUX   Immunic, Inc.
This is a signal that IMUX's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. Tickeron's A.I.dvisor identified 68 similar cases where IMUX's stochastic oscillator exited the oversold zone, and 59 of them led to successful outcomes. Odds of Success: 87%. Current price $17.27 crossed the support line at $17.15 and is trading between $17.89 support and $17.15 support lines. Throughout the month of 12/03/20 - 01/06/21, the price experienced a -7% Downtrend, while the week of 12/29/20 - 01/06/21 shows a +2% Uptrend.

Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IMUX's RSI Indicator exited the oversold zone, 32 of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 89%.

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 in 59 of 68 cases where IMUX'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 87%.

Following a +3.53% 3-day Advance, the price is estimated to grow further. Considering data from situations where IMUX advanced for three days, in 204 of 253 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
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