ACA.X's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for ACA.X turned positive on July 09, 2024. Looking at past instances where ACA.X's MACD turned positive, the stock continued to rise in 17 of 24 cases over the following month. The odds of a continued upward trend are 71%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ACA.X's RSI Oscillator exited the oversold zone, 24 of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 71%.

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 25 of 39 cases where ACA.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 64%.

Following a +2.52% 3-day Advance, the price is estimated to grow further. Considering data from situations where ACA.X advanced for three days, in 99 of 150 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.

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

$ACA
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