AVA.X Crypto Tickeron detected bearish Crypto Pattern: Broadening Top AVA.X on August 01, 2024, netting in a 32.69% gain over 3 weeks
AVA.X saw its Stochastic Oscillator peaks and leaves the overbought zone
The Stochastic Oscillator for AVA.X moved out of overbought territory on October 17, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 71 similar instances where the indicator exited the overbought zone. In of the 71 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AVA.X as a result. In of 132 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
AVA.X moved below its 50-day moving average on October 21, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for AVA.X crossed bearishly below the 50-day moving average on October 02, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 AVA.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 .
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for AVA.X just turned positive on October 11, 2024. Looking at past instances where AVA.X's MACD turned positive, the stock continued to rise in of 65 cases 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 AVA.X advanced for three days, in of 408 cases, the price rose further within the following month. The odds of a continued upward trend are .
AVA.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 308 cases where AVA.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
