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HLNE, MACD Histogram just turned positive for NASDAQ:HLNE by tickeron

This is a Bullish indicator signaling HLNE’s price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 36 similar cases where HLNE’s MACD histogram became positive, and 32 of them led to successful outcomes. Odds of Success: 89%. Current price $91. 40 crossed the support line at $90.21 and is trading between $102.62 resistance and $90.21 support lines. Throughout the month of 04/22/21 – 05 /24/21, the price experienced a +1% Uptrend. During the week of 05 /17/21 – 05 /24/21, the stock enjoyed a +0.93% Uptrend growth.

Bullish Trend Analysis

The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 24 of 36 cases where HLNE’s Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron’s analysis proposes that the odds of a continued upward trend are 67%.

The Momentum Indicator moved above the 0 level on May 24, 2021. You may want to consider a long position or call options on HLNE as a result. In 64 of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 86%.

The Moving Average Convergence Divergence ( MACD ) for HLNE just turned positive on May 24, 2021. Looking at past instances where HLNE’s MACD turned positive, the stock continued to rise in 32 of 36 cases over the following month. The odds of a continued upward trend are 89%.

HLNE moved above its 50-day Moving Average on May 24, 2021 date and that indicates a change from a downward trend to an upward trend.

Following a +2.57% 3-day Advance, the price is estimated to grow further. Considering data from situations where HLNE advanced for three days, in 257 of 316 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.

The Aroon Indicator entered an Uptrend today. In 261 of 311 cases where HLNE Aroon’s Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 84%.

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