CNYEUR 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 50 cases where CNYEUR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
A.I.dvisor tells us that CNYEUR and EURCNY have been negatively correlated (-63% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that CNYEUR and EURCNY's prices could move in opposite directions.
Ticker / NAME | Correlation To CNYEUR | 1D Price Change % | ||
---|---|---|---|---|
CNYEUR | 100% | N/A | ||
EURCNY - CNYEUR | -63% Negatively correlated | N/A |