AOTG in upward trend: price rose above 50-day moving average on November 10, 2023
AOTG moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend. In of 14 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 03, 2023. You may want to consider a long position or call options on AOTG as a result. In of 17 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for AOTG just turned positive on December 08, 2023. Looking at past instances where AOTG's MACD turned positive, the stock continued to rise in of 11 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for AOTG crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AOTG advanced for three days, in of 98 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 56 cases where AOTG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for AOTG moved out of overbought territory on December 04, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 11 similar instances where the indicator moved out of overbought territory. In of the 11 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 17 cases where AOTG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AOTG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AOTG broke above its upper Bollinger Band on December 08, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Technology
AOTG and
Correlation & Price change
A.I.dvisor indicates that over the last year, AOTG has been closely correlated with IYW. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if AOTG jumps, then IYW could also see price increases.
| Ticker / NAME | Correlation To AOTG | 1D Price Change % | ||
|---|---|---|---|---|
| AOTG | 100% | +1.02% | ||
| IYW - AOTG | 91% Closely correlated | +0.72% | ||
| VGT - AOTG | 90% Closely correlated | +0.89% | ||
| XLK - AOTG | 87% Closely correlated | +0.85% | ||
| SOXX - AOTG | 82% Closely correlated | +0.79% | ||
| SMH - AOTG | 81% Closely correlated | +0.86% |