ARB.X in downward trend: price dove below 50-day moving average on January 07, 2025
ARB.X moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend. In of 19 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 24, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ARB.X as a result. In of 41 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ARB.X turned negative on January 19, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 21 similar instances when the indicator turned negative. In of the 21 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARB.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 .
The Aroon Indicator for ARB.X entered a downward trend on February 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 RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ARB.X advanced for three days, in of 145 cases, the price rose further within the following month. The odds of a continued upward trend are .
ARB.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
| 1 Day | |||
|---|---|---|---|
| CRYPTO / NAME | Price $ | Chg $ | Chg % |
| AERGO.X | 0.085366 | -0.003054 | -3.45% |
| Aergo cryptocurrency | |||
| GAS.X | 3.878000 | -0.162082 | -4.01% |
| Gas cryptocurrency | |||
| FIL.X | 3.344296 | -0.164822 | -4.70% |
| Filecoin cryptocurrency | |||
| CELR.X | 0.012100 | -0.000964 | -7.38% |
| Celer Network cryptocurrency | |||
| SRM.X | 0.024460 | -0.002109 | -7.94% |
| Serum cryptocurrency | |||
ARB.X and Crypto
Correlation & Price change
A.I.dvisor indicates that over the last year, ARB.X has been closely correlated with OP.X. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if ARB.X jumps, then OP.X could also see price increases.
| Ticker / NAME | Correlation To ARB.X | 1D Price Change % | ||
|---|---|---|---|---|
| ARB.X | 100% | -6.26% | ||
| OP.X - ARB.X | 90% Closely correlated | -6.09% | ||
| ETC.X - ARB.X | 89% Closely correlated | -6.16% | ||
| BNT.X - ARB.X | 88% Closely correlated | -5.37% | ||
| SNX.X - ARB.X | 87% Closely correlated | -12.45% | ||
| METIS.X - ARB.X | 87% Closely correlated | -9.01% | ||
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