TPR is a stock ticker that has recently seen its ADX indicator cross below the ADXR. This is a technical indicator that is used to measure the strength of a trend and has occurred 6 times before. When the ADX indicator crosses below the ADXR, it can be a sign that a trend is weakening and may be reversing. This is an important signal for investors to watch out for as it may indicate a change in the stock’s price.
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Historically, when the ADX indicator crossed below the ADXR for TPR, the price decreased in the next 30 days 67% of the time, with a median price movement of $-0.29. In the next 90 days, the price decreased 67% of the time as well, with a median price movement of $-0.83.
Investors should keep an eye on the ADX indicator for TPR and use other indicators to help inform their investing decisions. Past performance is not an indicator of future performance and that investors should always research and understand the risks associated with any stock before making an investment.