BOXL, soars +500.09% reaches 3month high.Expect Uptrend reversal

Boxlight Corporation - Ordinary Shares - (BOXL, $4.2) gained +500.09% and reached a new high over the last three months. By comparison, the broader Miscellaneous Commercial Services Industry returned 39.41% over the same period of time. Tickeron A.I.dvisor analyzed 137 stocks in the Miscellaneous Commercial Services Industry over the same period of time and found that 111 of them (81.32%) were in an Uptrend while 26 of them (18.68%) showed a Downtrend. Tickeron A.I.dvisor found 129 similar cases when BOXL's price went up 15% within three months. In 89 out of those 129 cases, BOXL's price went down during the next month. Based on these historical data, Tickeron A.I. thinks the odds of an Uptrend reversal for BOXL are 69%.

BOXL in Uptrend: RSI indicator stops in overbought zone for 4 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options.Tickeron AI shows that in 21 of 22 cases where BOXL's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 90%.