AlTorress

PAYS, Stochastic Oscillator left the oversold zone on Nov 03

Long
NASDAQ:PAYS   Paysign, Inc.
This is a signal that PAYS's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. Tickeron A.I.dvisor identified 59 similar cases where PAYS's stochastic oscillator exited the oversold zone, and 51 of them led to successful outcomes. Odds of Success: 86%. Current price $5.15 is below $5.54 the lowest support line found by Tickeron A.I. Throughout the month of 10/02/20 - 11/03/20, the price experienced a -9% Downtrend, while the week of 10/27/20 - 11/03/20 shows a +2% Uptrend.

Bullish Trend Analysis
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 that in 51 of 59 cases where PAYS'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 86%.

Following a +8.40% 3-day Advance, the price is estimated to grow further. Considering data from situations where PAYS advanced for three days, in 185 of 211 cases, the price rose further within the following month. The odds of a continued upward trend are 88%.

PAYS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 244 of 266 cases where PAYS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
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