1INCH.X 1inch Network cryptocurrency Forecast, Technical & Fundamental Analysis
1INCH.X in downward trend: price may decline as a result of having broken its higher Bollinger Band on December 07, 2023
1INCH.X broke above its upper Bollinger Band on December 07, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 37 similar instances where the stock broke above the upper band. In of the 37 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where 1INCH.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 Momentum Indicator moved above the 0 level on December 04, 2023. You may want to consider a long position or call options on 1INCH.X as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for 1INCH.X just turned positive on December 06, 2023. Looking at past instances where 1INCH.X's MACD turned positive, the stock continued to rise in of 32 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where 1INCH.X advanced for three days, in of 252 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 160 cases where 1INCH.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
1INCH.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, 1INCH.X has been closely correlated with IOST.X. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if 1INCH.X jumps, then IOST.X could also see price increases.
| Ticker / NAME | Correlation To 1INCH.X | 1D Price Change % | ||
|---|---|---|---|---|
| 1INCH.X | 100% | -1.55% | ||
| IOST.X - 1INCH.X | 75% Closely correlated | -1.11% | ||
| LRC.X - 1INCH.X | 74% Closely correlated | -1.24% | ||
| XEM.X - 1INCH.X | 74% Closely correlated | -0.11% | ||
| SAND.X - 1INCH.X | 73% Closely correlated | +7.78% | ||
| XTZ.X - 1INCH.X | 73% Closely correlated | +3.12% | ||
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