DEFTF Stock DEFI TECHNOLOGIES INC NEW (DEFTF, $2.16) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 11, 2024
at Tickeron.com
DEFTF's RSI Indicator climbs out of oversold territory
The RSI Oscillator for DEFTF moved out of oversold territory on November 05, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 24 similar instances when the indicator left oversold territory. In of the 24 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 11, 2024. You may want to consider a long position or call options on DEFTF as a result. In of 76 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 DEFTF just turned positive on November 11, 2024. Looking at past instances where DEFTF's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
DEFTF moved above its 50-day moving average on November 11, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DEFTF advanced for three days, in of 207 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for DEFTF crossed bearishly below the 50-day moving average on October 22, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 DEFTF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DEFTF broke above its upper Bollinger Band on November 11, 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.
The Aroon Indicator for DEFTF entered a downward trend on November 11, 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.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DEFTF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.973) is normal, around the industry mean (5.701). P/E Ratio (0.000) is within average values for comparable stocks, (33.698). DEFTF's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.610). DEFTF has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.030). P/S Ratio (11.933) is also within normal values, averaging (112.655).
General Information
Industry InvestmentBanksBrokers