SRDX, MACD Histogram just turned positive

This is a Bullish indicator signaling SRDX's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron's A.I. dvisor identified 48 similar cases where SRDX's MACD histogram became positive, and 37 of them led to successful outcomes. Odds of Success: 77%. Current price $40.68 crossed the resistance line at $39.77 and is trading between $40.78 resistance and $39.77 resistance lines. Throughout the month of 11/24/20 - 12/28/20, the price experienced a +1% Uptrend. During the week of 12/18/20 - 12/28/20, the stock enjoyed a +2% Uptrend growth.

Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SRDX's RSI Oscillator exited the oversold zone, 19 of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 73%.

The Momentum Indicator moved above the 0 level on December 28, 2020. You may want to consider a long position or call options on SRDX as a result. Tickeron A.I. detected that in 69 of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%.

The Moving Average Convergence Divergence (MACD) for SRDX just turned positive on December 28, 2020. Looking at past instances where SRDX's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 37 of 48 cases over the following month. The odds of a continued upward trend are 77%.

SRDX moved above its 50-day Moving Average on December 28, 2020 date and that indicates a change from a downward trend to an upward trend.

Following a +1.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where SRDX advanced for three days, in 226 of 289 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 181 of 247 cases where SRDX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 73%.
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