CHFEUR in -0.48% downward trend, declining for three consecutive days on December 29, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CHFEUR declined for three days, in of 243 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CHFEUR as a result. In of 141 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CHFEUR turned negative on January 07, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 120 similar instances when the indicator turned negative. In of the 120 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
CHFEUR and Forex
Correlation & Price change
A.I.dvisor tells us that CHFEUR and EURCHF have been negatively correlated (-100% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that CHFEUR and EURCHF's prices could move in opposite directions.
| Ticker / NAME | Correlation To CHFEUR | 1D Price Change % | ||
|---|---|---|---|---|
| CHFEUR | 100% | N/A | ||
| EURCHF - CHFEUR | -100% Negatively correlated | N/A |