CHESS.X Tranchess cryptocurrency Forecast, Technical & Fundamental Analysis

CHESS.X in upward trend: price expected to rise as it breaks its lower Bollinger Band on September 11, 2023

CHESS.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 6 cases where CHESS.X's price broke its lower Bollinger Band, its price rose further in 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 September 19, 2023. You may want to consider a long position or call options on CHESS.X as a result. In of 22 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 CHESS.X just turned positive on September 16, 2023. Looking at past instances where CHESS.X's MACD turned positive, the stock continued to rise in of 7 cases over the following month. The odds of a continued upward trend are .

CHESS.X moved above its 50-day moving average on September 27, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CHESS.X crossed bullishly above the 50-day moving average on September 27, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 3 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 CHESS.X advanced for three days, in of 65 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 48 cases where CHESS.X 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 6 cases where CHESS.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 CHESS.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 .

Fundamental Analysis (Ratings)