DOMO, Aroon Indicator entered an Uptrend on December 17, 2020.

Over the last three days, Tickeron's A.I.dvisor has detected that DOMO's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron's A.I.dvisor backtested this indicator and found 143 similar cases, 140 of which were successful. Based on this data, the odds of success are 90%. Current price $69.30 is above $40.98 the highest resistance line found by Tickeron A.I. Throughout the month of 11/16/20 - 12/17/20, the price experienced a +97% Uptrend. During the week of 12/10/20 - 12/17/20, the stock enjoyed a +48% Uptrend growth.

Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 23, 2020. You may want to consider a long position or call options on DOMO as a result. Tickeron A.I. detected that in 35 of 48 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 73%.

The Moving Average Convergence Divergence (MACD) for DOMO just turned positive on November 17, 2020. Looking at past instances where DOMO's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 15 of 17 cases over the following month. The odds of a continued upward trend are 88%.

DOMO moved above its 50-day Moving Average on November 25, 2020 date and that indicates a change from a downward trend to an upward trend.

The 10-day Moving Average for DOMO crossed bullishly above the 50-day moving average on December 03, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 4 of 5 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 80%.

Following a +18.82% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOMO advanced for three days, in 139 of 155 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
AroonTechnical IndicatorstickeronTrend Analysis

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