COS.X Crypto Tickeron detected bearish Crypto Pattern: Triangle Ascending on September 13, 2024
COS.X in -1.08% downward trend, falling for three consecutive days on October 19, 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 COS.X declined for three days, in of 416 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 55 cases where COS.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
COS.X broke above its upper Bollinger Band on October 20, 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 Momentum Indicator moved above the 0 level on October 12, 2024. You may want to consider a long position or call options on COS.X as a result. In of 140 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 COS.X just turned positive on October 14, 2024. Looking at past instances where COS.X's MACD turned positive, the stock continued to rise in of 73 cases over the following month. The odds of a continued upward trend are .
COS.X moved above its 50-day moving average on October 17, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for COS.X crossed bullishly above the 50-day moving average on October 21, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 26 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 COS.X advanced for three days, in of 435 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 248 cases where COS.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
