DGB.X DigiByte cryptocurrency Forecast, Technical & Fundamental Analysis
DGB.X in downward trend: 10-day moving average broke below 50-day moving average on May 06, 2025
The 10-day moving average for DGB.X crossed bearishly below the 50-day moving average on May 06, 2025. 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DGB.X as a result. In of 125 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DGB.X turned negative on April 27, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 57 similar instances when the indicator turned negative. In of the 57 cases the stock turned lower in the days that followed. This puts the odds of success at .
DGB.X moved below its 50-day moving average on May 03, 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 DGB.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 .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 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 DGB.X advanced for three days, in of 399 cases, the price rose further within the following month. The odds of a continued upward trend are .
DGB.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| JPME | 99.07 | 0.37 | +0.37% |
| JPMorgan Divers Ret US Mid Cp Eq ETF | |||
| PCY | 19.71 | 0.07 | +0.36% |
| Invesco Emerging Markets Sov Debt ETF | |||
| AGZD | 22.24 | 0.07 | +0.29% |
| WisdomTree Interest RtHdgUS Aggt Bd ETF | |||
| IXUS | 73.02 | -0.37 | -0.50% |
| iShares Core MSCI Total Intl Stk ETF | |||
| HARD | 27.98 | -0.42 | -1.48% |
| Simplify Commodities Strategy No K-1 ETF | |||
DGB.X and Crypto
Correlation & Price change
A.I.dvisor indicates that over the last year, DGB.X has been loosely correlated with THETA.X. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if DGB.X jumps, then THETA.X could also see price increases.
| Ticker / NAME | Correlation To DGB.X | 1D Price Change % | ||
|---|---|---|---|---|
| DGB.X | 100% | -0.56% | ||
| THETA.X - DGB.X | 65% Loosely correlated | +2.35% | ||
| GALA.X - DGB.X | 64% Loosely correlated | +1.04% | ||
| FIL.X - DGB.X | 63% Loosely correlated | -0.04% | ||
| XVG.X - DGB.X | 62% Loosely correlated | +3.01% | ||
| HOT.X - DGB.X | 61% Loosely correlated | +0.94% | ||
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