ACM.X Crypto Tickeron detected bullish Crypto Pattern: Cup-and-Handle on November 02, 2024
at Tickeron.com
ACM.X in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 25, 2024
ACM.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 23 cases where ACM.X's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 09, 2024. You may want to consider a long position or call options on ACM.X as a result. In of 50 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 ACM.X just turned positive on November 07, 2024. Looking at past instances where ACM.X's MACD turned positive, the stock continued to rise in of 25 cases over the following month. The odds of a continued upward trend are .
ACM.X moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ACM.X crossed bullishly above the 50-day moving average on November 10, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ACM.X advanced for three days, in of 169 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 20 cases where ACM.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ACM.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 .
The Aroon Indicator for ACM.X entered a downward trend on November 10, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
