AUDCAD's Stochastic Oscillator is remaining in overbought zone for 4 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for AUDCAD moved out of overbought territory on January 27, 2025. 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 49 similar instances where the indicator moved out of overbought territory. In of the 49 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 15, 2025. You may want to consider a long position or call options on AUDCAD as a result. In of 132 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 AUDCAD just turned positive on February 15, 2025. Looking at past instances where AUDCAD's MACD turned positive, the stock continued to rise in of 108 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 285 cases where AUDCAD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
AUDCAD and Forex
Correlation & Price change
A.I.dvisor tells us that AUDCAD and CADAUD have been negatively correlated (-100% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that AUDCAD and CADAUD's prices could move in opposite directions.
| Ticker / NAME | Correlation To AUDCAD | 1D Price Change % | ||
|---|---|---|---|---|
| AUDCAD | 100% | N/A | ||
| CADAUD - AUDCAD | -100% Negatively correlated | N/A |