ADX.X Crypto AdEx cryptocurrency (ADX.X, $0.15) RSI Indicator left the oversold zone on August 02, 2024
at Tickeron.com
ADX.X's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for ADX.X turned positive on November 09, 2024. Looking at past instances where ADX.X's MACD turned positive, the stock continued to rise in of 27 cases over 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 ADX.X as a result. In of 59 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
ADX.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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ADX.X advanced for three days, in of 188 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for ADX.X moved out of overbought territory on October 24, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 28 cases where ADX.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 ADX.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 .
ADX.X broke above its upper Bollinger Band on October 23, 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.
The Aroon Indicator for ADX.X entered a downward trend on November 11, 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.
