CKHUY CK Hutchison Holdings LTD Forecast, Technical & Fundamental Analysis

CKHUY's RSI Indicator leaves overbought zone

The 10-day RSI Indicator for CKHUY moved out of overbought territory on December 10, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 instances where the indicator moved out of the overbought zone. In of the 26 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

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

CKHUY broke above its upper Bollinger Band on December 09, 2024. 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on November 26, 2024. You may want to consider a long position or call options on CKHUY as a result. In of 85 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 CKHUY just turned positive on November 21, 2024. Looking at past instances where CKHUY's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

CKHUY moved above its 50-day moving average on December 17, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CKHUY crossed bullishly above the 50-day moving average on December 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 CKHUY advanced for three days, in of 272 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 172 cases where CKHUY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .