AKRO.X Crypto Kaon cryptocurrency (AKRO.X, $0) price exceeded its 50-day Moving Average on December 17, 2024
at Tickeron.com
AKRO.X in -14.09% downward trend, declining for three consecutive days on January 08, 2025
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 AKRO.X declined for three days, in of 415 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
AKRO.X moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AKRO.X crossed bearishly below the 50-day moving average on December 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 21 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 .
The Aroon Indicator for AKRO.X entered a downward trend on January 08, 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 RSI Indicator shows that the ticker has stayed in the oversold zone for 21 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Moving Average Convergence Divergence (MACD) for AKRO.X just turned positive on January 05, 2025. Looking at past instances where AKRO.X's MACD turned positive, the stock continued to rise in of 70 cases over the following month. The odds of a continued upward trend are .
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where AKRO.X advanced for three days, in of 391 cases, the price rose further within the following month. The odds of a continued upward trend are .
AKRO.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
