Duck Creek Technologies sees fresh momentum in Go trend

Duck Creek Technologies sees fresh momentum in Go trend

21

July 2021

By

Alex Cole

Duck Creek Technologies saw a a new "Go" trend identified at the end of June.
Since establishing the new "Go" trend, we have seen the GoNoGo Oscillator find support at the zero line, even when price corrected sharply back to support levels.  Now, as price approaches prior levels and tries to set a new high, we see that the GoNoGo Oscillator has found support once more at the zero line on heavy volume.  This suggests that price has come back in the direction of the "Go" trend and we will look for price to attempt to set a new high.