APPLIED OPTOELECTRONICS (AAOI)
Over the next 13 weeks, APPLIED OPTOELECTRONICS has on average historically risen by 25.3% based on the past 3 years of stock performance.
APPLIED OPTOELECTRONICS has risen higher by an average 25.3% in 2 of those 3 years over the subsequent 13 week period,corresponding to a historical probability of 66%
The holding period that leads to the greatest annualized return for APPLIED OPTOELECTRONICS, based on historical prices, is 47 weeks. Should APPLIED OPTOELECTRONICS stock move in the future similarly to its average historical movement over this duration, an annualized return of 185% could result.
Puma Biotechnology, Inc. (PBYI)
Over the next 13 weeks, Puma Biotechnology, Inc. has on average historically risen by 58.9% based on the past 5 years of stock performance.
Puma Biotechnology, Inc. has risen higher by an average 58.9% in 3 of those 5 years over the subsequent 13 week period,corresponding to a historical probability of 60%
The holding period that leads to the greatest annualized return for Puma Biotechnology, Inc., based on historical prices, is 2 weeks. Should Puma Biotechnology, Inc. stock move in the future similarly to its average historical movement over this duration, an annualized return of 1132% could result.
Quidel Corp. (QDEL)
Over the next 13 weeks, Quidel Corp. has on average historically risen by 9.3% based on the past 25 years of stock performance.
Quidel Corp. has risen higher by an average 9.3% in 15 of those 25 years over the subsequent 13 week period,corresponding to a historical probability of 60%
The holding period that leads to the greatest annualized return for Quidel Corp., based on historical prices, is 1 week. Should Quidel Corp. stock move in the future similarly to its average historical movement over this duration, an annualized return of 93% could result.
Vertex Pharma (VRTX)
Over the next 13 weeks, Vertex Pharma has on average historically risen by 4.3% based on the past 25 years of stock performance.
Vertex Pharma has risen higher by an average 4.3% in 16 of those 25 years over the subsequent 13 week period,corresponding to a historical probability of 64%
The holding period that leads to the greatest annualized return for Vertex Pharma, based on historical prices, is 9 weeks. Should Vertex Pharma stock move in the future similarly to its average historical movement over this duration, an annualized return of 58% could result.
July 20th Daily Market Comments
The lack of movement in the markets today still indicate there is no major change of investor sentiment. The Dow, although trading lower, has use the T-line once again as support and trading above the T-line. A slow moving market is not a deterrent. Numerous Bullish Candlestick Charts continue to act very well based upon the fact that there is no evidence of bearish pressure in this trend. Continue to maintain the long positions simply by staying in positions that are not showing any candlestick reversal signals or trading below the T-line.