CRESY Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top CRESY on January 14, 2025, netting in a 10.37% gain over 3 weeks
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CRESY in downward trend: 10-day moving average moved below 50-day moving average on February 06, 2025
The 10-day moving average for CRESY crossed bearishly below the 50-day moving average on February 06, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 05, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CRESY as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
CRESY moved below its 50-day moving average on February 05, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRESY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CRESY entered a downward trend on February 21, 2025. 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
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CRESY advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .
CRESY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
