BETA.X Crypto Tickeron detected bullish Crypto Pattern: Triangle Descending on September 01, 2024
at Tickeron.com
BETA.X's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for BETA.X turned positive on November 16, 2024. Looking at past instances where BETA.X's MACD turned positive, the stock continued to rise in of 33 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where BETA.X'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 November 14, 2024. You may want to consider a long position or call options on BETA.X as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
BETA.X moved above its 50-day moving average on November 15, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BETA.X crossed bullishly above the 50-day moving average on November 15, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 3-day Advance, the price is estimated to grow further. Considering data from situations where BETA.X advanced for three days, in of 218 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BETA.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 .
BETA.X broke above its upper Bollinger Band on October 31, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BETA.X entered a downward trend on October 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
