NFE, Aroon Indicator entered an Uptrend on December 30, 2020.

Over the last three days, Tickeron's A.I.dvisor has detected that NFE'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 115 similar cases, 102 of which were successful. Based on this data, the odds of success are 89%. Current price $54.79 is above $43.21 the highest support line found by Tickeron A.I. Throughout the month of 11/27/20 - 12/30/20, the price experienced a +19% Uptrend. During the week of 12/22/20 - 12/30/20, the stock enjoyed a +2% Uptrend growth.

Bullish Trend Analysis
The 10-day Moving Average for NFE crossed bullishly above the 50-day moving average on December 07, 2020. This indicates that the trend has shifted higher and could be considered a buy signal. Tickeron A.I. detected that in 3 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 60%.

Following a +6.46% 3-day Advance, the price is estimated to grow further. Considering data from situations where NFE advanced for three days, in 112 of 123 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 102 of 115 cases where NFE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 89%.
AroonTechnical IndicatorstickeronTrend Analysis

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