COTI.X COTI cryptocurrency Forecast, Technical & Fundamental Analysis

COTI.X sees MACD Histogram crosses below signal line

COTI.X saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on January 08, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 61 instances where the indicator turned negative. In of the 61 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 92 cases where COTI.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

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 COTI.X as a result. In of 131 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

COTI.X moved below its 50-day moving average on December 25, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for COTI.X crossed bearishly below the 50-day moving average on December 25, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 COTI.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 .

COTI.X broke above its upper Bollinger Band on January 03, 2025. 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.

The Aroon Indicator for COTI.X entered a downward trend on December 27, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where COTI.X advanced for three days, in of 450 cases, the price rose further within the following month. The odds of a continued upward trend are .