ADA.X Price Prediction, Cardano cryptocurrency AI Recommendations
Cryptocurrencies market charts, price targets, analyst ratings and a financial calendar
ADA.X's RSI Oscillator leaves overbought zone
The 10-day RSI Oscillator for ADA.X moved out of overbought territory on November 13, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 47 instances where the indicator moved out of the overbought zone. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 85 cases where ADA.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ADA.X turned negative on November 16, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 59 similar instances when the indicator turned negative. In of the 59 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ADA.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 .
ADA.X broke above its upper Bollinger Band on November 05, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on ADA.X as a result. In of 125 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 50-day moving average for ADA.X moved above the 200-day moving average on November 19, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ADA.X advanced for three days, in of 434 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 292 cases where ADA.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
ADA.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, ADA.X has been closely correlated with MATIC.X. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if ADA.X jumps, then MATIC.X could also see price increases.
| Ticker / NAME | Correlation To ADA.X | 1D Price Change % | ||
|---|---|---|---|---|
| ADA.X | 100% | +2.21% | ||
| MATIC.X - ADA.X | 77% Closely correlated | +4.85% | ||
| SAND.X - ADA.X | 75% Closely correlated | +1.57% | ||
| DOT.X - ADA.X | 75% Closely correlated | +0.17% | ||
| XTZ.X - ADA.X | 74% Closely correlated | +1.15% | ||
| ONE.X - ADA.X | 73% Closely correlated | +2.64% | ||
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