Teradyne (TER, $125.37) Aroon Indicator entered an Uptrend on September 10, 2024.

#Semiconductors, #TechnicalAnalysis, #AROON, #Bullish, #Stocks, #LargeCap, #SP500
TER - Teradyne
Aroon signal
Bullish Trend
85%
Odds of UP Trend
Price: $125.37
Daily change: +$1.17 (+0.94%)
Daily volume: 904.7K
Industry: Semiconductors

Over the last three days, A.I.dvisor has detected that TER's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 314 similar cases, 267 of which were successful. Based on this data, the odds of success are 85%.