TRU Stock Tickeron detected bullish Stock Pattern: Wedge Rising TRU on October 22, 2024, netting in a 1.93% gain over 4 days
TRU in upward trend: price may jump up because it broke its lower Bollinger Band on October 29, 2024
TRU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where TRU's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TRU advanced for three days, in of 319 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 289 cases where TRU 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 Momentum Indicator moved below the 0 level on October 25, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on TRU as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
TRU moved below its 50-day moving average on October 31, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
