RUN, MACD Histogram just turned negative

This is a Bearish indicator signaling RUN's price could decline from here. Traders may explore shorting the stock or put options. Tickeron's A.I. dvisor identified 44 similar cases where RUN's MACD histogram became negative, and 35 of them led to successful outcomes. Odds of Success: 80%. Current price $68.83 crossed the resistance line at $70.54 and is trading between $70.54 resistance and $67.97 resistance lines. Throughout the month of 01/14/21 - 02/17/21, the price experienced a -17% Downtrend. During the week of 02/09/21 - 02/17/21, the stock fell -4%.

Bearish Trend Analysis
The 10-day RSI Indicator for RUN moved out of overbought territory on January 14, 2021. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In 34 of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at 76%.

The Stochastic Indicator may be shifting from an upward trend to a downward trend. Tickeron A.I. detected that in 44 of 59 cases where RUN's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 75%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RUN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 70%.

RUN broke above its upper Bollinger Band on February 11, 2021. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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