AMB.X Crypto Tickeron detected bullish Crypto Pattern: Three Rising Valleys on May 14, 2024
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AMB.X's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for AMB.X turned positive on November 06, 2024. Looking at past instances where AMB.X's MACD turned positive, the stock continued to rise in of 22 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 AMB.X as a result. In of 41 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
AMB.X moved above its 50-day moving average on November 10, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for AMB.X crossed bullishly above the 50-day moving average on November 14, 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where AMB.X advanced for three days, in of 162 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 AMB.X moved out of overbought territory on November 12, 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 16 similar instances where the indicator moved out of overbought territory. In of the 16 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 30 cases where AMB.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 AMB.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 .
AMB.X broke above its upper Bollinger Band on November 10, 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 AMB.X entered a downward trend on November 03, 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.
