AUDEUR Australian Dollar - Euro Forecast, Technical & Fundamental Analysis

AUDEUR's Indicator enters downward trend

The Aroon Indicator for AUDEUR entered a downward trend on December 13, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 223 similar instances where the Aroon Indicator formed such a pattern. In of the 223 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AUDEUR's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 80 cases where AUDEUR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 17, 2024. You may want to consider a long position or call options on AUDEUR as a result. In of 139 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 AUDEUR just turned positive on December 16, 2024. Looking at past instances where AUDEUR's MACD turned positive, the stock continued to rise in of 104 cases over the following month. The odds of a continued upward trend are .

AUDEUR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.