MPAY sees its Stochastic Oscillator ascends from oversold territory
On January 03, 2025, the Stochastic Oscillator for MPAY moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 28 instances where the indicator left the oversold zone. In of the 28 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on MPAY as a result. In of 41 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
MPAY moved above its 50-day moving average on January 03, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MPAY advanced for three days, in of 199 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
General Information
Category ModerateAllocation
MPAY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MPAY has been closely correlated with CGBL. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if MPAY jumps, then CGBL could also see price increases.
| Ticker / NAME | Correlation To MPAY | 1D Price Change % | ||
|---|---|---|---|---|
| MPAY | 100% | +0.81% | ||
| CGBL - MPAY | 88% Closely correlated | +0.56% | ||
| TUG - MPAY | 86% Closely correlated | +0.34% | ||
| CLSM - MPAY | 76% Closely correlated | +0.82% | ||
| AOR - MPAY | 75% Closely correlated | +0.46% | ||
| MPRO - MPAY | 56% Loosely correlated | +0.48% | ||
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