CADRUB Canadian Dollar - Russia Ruble Forecast, Technical & Fundamental Analysis

CADRUB's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for CADRUB turned positive on April 01, 2025. Looking at past instances where CADRUB's MACD turned positive, the stock continued to rise in of 92 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CADRUB's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 90 cases where CADRUB'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 April 02, 2025. You may want to consider a long position or call options on CADRUB as a result. In of 154 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

CADRUB 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

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CADRUB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CADRUB entered a downward trend on March 23, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.