ZBRA is a stock ticker that has been making waves in the stock market recently. The ADX indicator, which measures the strength of a trend, recently crossed below the ADXR, which is a measure of the strength of the trend relative to the recent past. This has happened 12 times before, and the results have been very interesting.
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Historically, when the ADX indicator crossed below the ADXR, the price of ZBRA has increased in the following 30 days 58% of the time, with a median price movement of $6.92. This is a significant increase, and suggests that investors should take note of this particular situation. The same trend holds true for the 90 days after the ADX indicator crossed below the ADXR, with the price increasing 58% of the time and the median price movement being $41.25.
Overall, the ADX indicator crossing below the ADXR for ZBRA is an event that investors should pay attention to. The historical data suggests that the stock price could increase in the following 30 and 90 days. As such, investors should consider buying ZBRA if they believe that the stock will continue to increase in value.