BAND.X Crypto Tickeron detected bullish Crypto Pattern: Cup-and-Handle BAND.X on October 18, 2024, netting in a 8.19% gain over 3 weeks
at Tickeron.com
BAND.X's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for BAND.X turned positive on November 07, 2024. Looking at past instances where BAND.X's MACD turned positive, the stock continued to rise in of 59 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 10, 2024. You may want to consider a long position or call options on BAND.X as a result. In of 138 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
BAND.X moved above its 50-day moving average on November 07, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BAND.X crossed bullishly above the 50-day moving average on November 13, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where BAND.X advanced for three days, in of 396 cases, the price rose further within the following month. The odds of a continued upward trend are .
BAND.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The 10-day RSI Indicator for BAND.X moved out of overbought territory on November 12, 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 51 similar instances where the indicator moved out of overbought territory. In of the 51 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 81 cases where BAND.X's Stochastic Oscillator exited the overbought zone, the price fell further within 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 BAND.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 .
