ACA.X's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for ACA.X turned positive on April 23, 2024. Looking at past instances where ACA.X's MACD turned positive, the stock continued to rise in 18 of 23 cases over the following month. The odds of a continued upward trend are 78%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ACA.X's RSI Indicator exited the oversold zone, 20 of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 65%.
The Momentum Indicator moved above the 0 level on April 27, 2024. You may want to consider a long position or call options on ACA.X as a result. In 34 of 53 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 64%.
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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