REZI Stock Tickeron detected bullish Stock Pattern: Rectangle Top REZI on July 18, 2024, netting in a 13.20% gain over 3 months
at Tickeron.com
REZI in +2.93% Uptrend, growing for three consecutive days on November 20, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where REZI advanced for three days, in of 301 cases, the price rose 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 06, 2024. You may want to consider a long position or call options on REZI as a result. In of 91 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 REZI just turned positive on November 06, 2024. Looking at past instances where REZI's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
REZI moved above its 50-day moving average on November 01, 2024 date and that indicates a change from a downward trend to an upward trend.
The 50-day moving average for REZI moved above the 200-day moving average on November 18, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
The Aroon Indicator entered an Uptrend today. In of 213 cases where REZI 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where REZI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
REZI broke above its upper Bollinger Band on November 06, 2024. 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.
