CVX.X Convex Finance cryptocurrency Forecast, Technical & Fundamental Analysis

CVX.X's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for CVX.X turned positive on April 11, 2025. Looking at past instances where CVX.X's MACD turned positive, the stock continued to rise in of 30 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 12, 2025. You may want to consider a long position or call options on CVX.X as a result. In of 70 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

CVX.X moved above its 50-day moving average on April 15, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CVX.X crossed bullishly above the 50-day moving average on April 18, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 CVX.X advanced for three days, in of 223 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 130 cases where CVX.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for CVX.X moved out of overbought territory on May 04, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 similar instances where the indicator moved out of overbought territory. In of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 43 cases where CVX.X's Stochastic Oscillator exited the overbought zone, the price fell further within 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 CVX.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 .

CVX.X broke above its upper Bollinger Band on April 22, 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.