Sentences with phrase «reliable bullish signal»
When the relative strength line is outperforming the price action of the stock (or the Nasdaq Composite in this case), it is a reliable bullish signal that often precedes further gains in price.
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Built using a mixed series of weighted and non-weighted sentiment data, the Thovallo Sentiment Model is proven to generate highly reliable longer term market turn signals (bullish or bearish) that indicate the onset of a new trend and the end of the previous trend with its main application to the price trends of the S&P 500 Index.