Momentum Indicator for BKCH turns positive, indicating new upward trend
BKCH saw its Momentum Indicator move above the 0 level on November 20, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 47 similar instances where the indicator turned positive. In of the 47 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
BKCH moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BKCH crossed bullishly above the 50-day moving average on November 03, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 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 BKCH advanced for three days, in of 180 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 104 cases where BKCH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BKCH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BKCH broke above its upper Bollinger Band on December 01, 2023. 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.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
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BKCH and
Correlation & Price change
A.I.dvisor indicates that over the last year, BKCH has been closely correlated with DAPP. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if BKCH jumps, then DAPP could also see price increases.
| Ticker / NAME | Correlation To BKCH | 1D Price Change % | ||
|---|---|---|---|---|
| BKCH | 100% | -1.12% | ||
| DAPP - BKCH | 97% Closely correlated | -1.48% | ||
| FDIG - BKCH | 96% Closely correlated | -1.43% | ||
| WGMI - BKCH | 94% Closely correlated | -1.61% | ||
| BITQ - BKCH | 94% Closely correlated | -1.35% | ||
| BLOK - BKCH | 93% Closely correlated | -1.23% | ||
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