DOGE.X Crypto Tickeron detected bullish Crypto Pattern: Triangle Symmetrical Bottom DOGE.X on October 15, 2024, netting in a 34.82% gain over 2 weeks
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DOGE.X sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for DOGE.X moved above the 200-day moving average on November 06, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for DOGE.X just turned positive on November 05, 2024. Looking at past instances where DOGE.X's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where DOGE.X advanced for three days, in of 395 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 262 cases where DOGE.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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DOGE.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 .
DOGE.X broke above its upper Bollinger Band on November 09, 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.
