AION.X Aion cryptocurrency Forecast, Technical & Fundamental Analysis

AION.X's RSI Indicator sits in overbought zone for 2 days

Watch for a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 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 AION.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 .

AION.X broke above its upper Bollinger Band on January 06, 2025. 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 AION.X entered a downward trend on January 01, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 01, 2025. You may want to consider a long position or call options on AION.X as a result. In of 157 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 AION.X just turned positive on January 02, 2025. Looking at past instances where AION.X's MACD turned positive, the stock continued to rise in of 61 cases over the following month. The odds of a continued upward trend are .

AION.X moved above its 50-day moving average on December 28, 2024 date and that indicates a change from a downward trend to an upward trend.

The 50-day moving average for AION.X moved above the 200-day moving average on January 02, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where AION.X advanced for three days, in of 394 cases, the price rose further within the following month. The odds of a continued upward trend are .