The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Aroon Indicator for CADCHF entered a downward trend on December 13, 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.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CADCHF's RSI Oscillator exited the oversold zone, of 40 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 12, 2024. You may want to consider a long position or call options on CADCHF as a result. In of 140 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 CADCHF just turned positive on December 12, 2024. Looking at past instances where CADCHF'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 .
CADCHF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.