NOVA a top quarterly gainer,rising +88%. Expect Uptrend reversal
Sunnova Energy International (NOVA, $23.74) was one of top quarterly gainers, jumping +88.41% to $23.74 per share. Tickeron A.I.dvisor analyzed 51 stocks in the Wholesale Distributors Industry over the last three months, and discovered that 44 of them (87.18%) charted an Uptrend while 7 of them (12.82%) trended down.Tickeron A.I.dvisor found 45 similar cases when NOVA's price went up 15% within three months. Tickeron AI shows that in 41 out of those 45 cases, NOVA's price went down during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for NOVA are 90%.
Current price $24.44 is above $19.40 the highest resistance line found by Tickeron A.I. Throughout the month of 06/25/20 - 07/28/20, the price experienced a +26% Uptrend. During the week of 07/21/20 - 07/28/20, the stock enjoyed a +9% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where NOVA's MACD histogram became positive, Tickeron AI shows that in 7 of 7 cases, the price rose further within the following month. The odds of a continued Uptrend are 90%.
The Aroon Indicator entered an Uptrend today.Tickeron AI shows that in 65 of 71 similar cases where NOVA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Current price $24.44 is above $19.40 the highest resistance line found by Tickeron A.I. Throughout the month of 06/25/20 - 07/28/20, the price experienced a +26% Uptrend. During the week of 07/21/20 - 07/28/20, the stock enjoyed a +9% Uptrend growth.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where NOVA's MACD histogram became positive, Tickeron AI shows that in 7 of 7 cases, the price rose further within the following month. The odds of a continued Uptrend are 90%.
The Aroon Indicator entered an Uptrend today.Tickeron AI shows that in 65 of 71 similar cases where NOVA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.