RVP was a top gainer, rising+306.14%.Expect Uptrend continuation
Retractable Technologies (RVP, $11.25) was one of top quarterly gainers, jumping +306.14% to $11.25 per share. Tickeron A.I.dvisor analyzed 204 stocks in the Medical Specialties Industry over the last three months, and discovered that 153 of them (74.81%) charted an Uptrend while 51 of them (25.19%) trended down.Tickeron A.I.dvisor found 308 similar cases when RVP's price jumped over 15% within three months. In 167 out of those 308 cases, RVP's price went up during the following month. Based on these historical data,Tickeron A.I. thinks the odds of an Uptrend continuation for RVP are 54%.
RVP's Aroon indicator reaches into Uptrend on July 28, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that
in 184 of 193 cases where RVP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Current price $10.67 is above $7.73 the highest resistance line found by TickeronA.I. Throughout the month of 06/24/20 - 07/27/20, the price experienced a +49% Uptrend. During the week of 07/20/20 - 07/27/20, the stock enjoyed a +13% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on July 07, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that
in 89 of 111 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 80%.
RVP's Aroon indicator reaches into Uptrend on July 28, 2020
For traders, this could mean going long on the ticker or exploring call options in the next month. Tickeron AI shows that
in 184 of 193 cases where RVP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Current price $10.67 is above $7.73 the highest resistance line found by TickeronA.I. Throughout the month of 06/24/20 - 07/27/20, the price experienced a +49% Uptrend. During the week of 07/20/20 - 07/27/20, the stock enjoyed a +13% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on July 07, 2020. Traders may consider buying the ticker or exploring call options. Tickeron AI shows that
in 89 of 111 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 80%.