tickeron

FSLY reaches a 3-month high. Expect an Uptrend reversal

Long
NYSE:FSLY   Fastly, Inc.
A buy signal is generated. I analyzed 117 stocks in the Information Technology Services Industry over the same period of time and found that 113 of them (96.43%) were in an Uptrend while 4 of them (3.57%) showed a Downtrend. I found 41 similar cases when FSLY's price went up 15% within three months. In 34 out of those 41 cases, FSLY's price went down during the next month. Based on these historical data, I think the odds of an Uptrend reversal for FSLY are 83%.

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