APE.X Crypto Tickeron detected bearish Crypto Pattern: Head-and-Shoulders Top on June 01, 2024
APE.X in -7.87% downward trend, sliding for three consecutive days on October 25, 2024
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 APE.X declined for three days, in of 160 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for APE.X moved out of overbought territory on October 23, 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 31 cases where APE.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
APE.X broke above its upper Bollinger Band on October 19, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 18, 2024. You may want to consider a long position or call options on APE.X as a result. In of 44 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 APE.X just turned positive on October 18, 2024. Looking at past instances where APE.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 .
APE.X moved above its 50-day moving average on October 18, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for APE.X crossed bullishly above the 50-day moving average on October 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 3-day Advance, the price is estimated to grow further. Considering data from situations where APE.X advanced for three days, in of 154 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 95 cases where APE.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
