REI.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 21, 2024. You may want to consider a long position or call options on REI.X as a result. In 39 of 55 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.
The Moving Average Convergence Divergence (MACD) for REI.X just turned positive on April 22, 2024. Looking at past instances where REI.X's MACD turned positive, the stock continued to rise in 13 of 16 cases over the following month. The odds of a continued upward trend are 81%.
Following a +230.63% 3-day Advance, the price is estimated to grow further. Considering data from situations where REI.X advanced for three days, in 98 of 134 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.
$REI
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Tickeron has a negative outlook on this ticker and predicts a further decline by more than 14.00% within the next month with a likelihood of 19%.