Within this article we find the most interesting companies that today have shown a potential signal of the start/continuation of the positive trend based on one of the most famous trend-following indicators: SuperTrend.
The SuperTrend is a trend-following indicator that indicates the potential start / continuation of a positive trend and is built to take volatility into account, in fact the ATR (Average True Range) of the last 7 days is used with a multiplier equal to 3 to complete the formula.
Therefore, when the Price crossed above the SuperTrend (called Bullish Reversal) a signal is generated that determines the start of a potential positive trend.
Within the BullDude.com Membership you will find many articles published constantly called “SuperTrend” containing the best companies with the Price that crossed above the SuperTrend.
For each company featured in this article there is a chart of the price trend of the last few months and below the SuperTrend Histogram, i.e. a chart that shows GREEN bars when the Price is higher than the SuperTrend, and therefore the trend is positive, and RED bars when the Price is below the SuperTrend and therefore the trend is negative.
It is easy to identify when the trend change signal occurs, from negative to positive, because the SuperTrend Histogram changes from red to green.
Today’s Price Crossed Above SuperTrend
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