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ETH.X in downward trend: 10-day moving average moved below 50-day moving average on April 06, 2024

The 10-day moving average for ETH.X crossed bearishly below the 50-day moving average on April 06, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 23 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Momentum Indicator moved below the 0 level on April 24, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ETH.X as a result. In of 114 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

ETH.X moved below its 50-day moving average on April 11, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ETH.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for ETH.X just turned positive on April 23, 2024. Looking at past instances where ETH.X's MACD turned positive, the stock continued to rise in of 66 cases over the following month. The odds of a continued upward trend are .

ETH.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)