ACA.X Crypto Tickeron detected bearish Crypto Pattern: Head-and-Shoulders Top on March 26, 2023
ACA.X in -2.20% downward trend, sliding for three consecutive days on October 22, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ACA.X declined for three days, in of 280 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for ACA.X crossed bearishly below the 50-day moving average on October 07, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 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 .
ACA.X broke above its upper Bollinger Band on October 20, 2024. 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 18, 2024. You may want to consider a long position or call options on ACA.X as a result. In of 67 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 ACA.X just turned positive on October 14, 2024. Looking at past instances where ACA.X's MACD turned positive, the stock continued to rise in of 29 cases over the following month. The odds of a continued upward trend are .
ACA.X moved above its 50-day moving average on October 20, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ACA.X advanced for three days, in of 174 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 83 cases where ACA.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
