AKRO.X's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for AKRO.X turned positive on September 17, 2024. Looking at past instances where AKRO.X's MACD turned positive, the stock continued to rise in 52 of 68 cases over the following month. The odds of a continued upward trend are 76%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 68 of 97 cases where AKRO.X'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 70%.

The Momentum Indicator moved above the 0 level on September 20, 2024. You may want to consider a long position or call options on AKRO.X as a result. In 95 of 129 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 74%.

AKRO.X moved above its 50-day moving average on September 20, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +4.47% 3-day Advance, the price is estimated to grow further. Considering data from situations where AKRO.X advanced for three days, in 280 of 382 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.

$AKRO
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