How to Use This Swing Trade Setup
This page provides an algorithmic evaluation of the current moving average (MA) bounce setup for this specific stock. The Bounce Probability Score (0-100) is calculated by measuring the historical win rate of previous touches at key support levels (such as the 50-day, 100-day, or 200-day MA).
To establish a mathematical edge in your swing trading, look for high scores combined with confluence from other technical indicators. A prime setup typically occurs when the stock approaches the moving average while the Relative Strength Index (RSI) drops into the 30-40 range, and the price action approaches the lower Bollinger Band (-2σ or -3α). Always consider overhead resistance levels when planning your profit targets.