EETH in -14.39% downward trend, falling for three consecutive days on December 19, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EETH declined for three days, in of 56 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EETH moved out of overbought territory on December 09, 2024. 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 9 similar instances where the indicator moved out of overbought territory. In of the 9 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EETH as a result. In of 17 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 EETH turned negative on December 17, 2024. 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 10 similar instances when the indicator turned negative. In of the 10 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EETH advanced for three days, in of 70 cases, the price rose further within the following month. The odds of a continued upward trend are .
EETH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 75 cases where EETH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Digitalccurrency
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| CAFG | 25.86 | 0.25 | +0.98% |
| Pacer US Small Cap Cash Cows Gr Ldrs ETF | |||
| CGDV | 36.06 | 0.28 | +0.78% |
| Capital Group Dividend Value ETF | |||
| FMAY | 48.01 | 0.27 | +0.56% |
| FT Vest US Equity Buffer ETF May | |||
| SAUG | 23.67 | 0.09 | +0.38% |
| FT Vest U.S. Sm Cp Mod Buf ETF -Aug | |||
| EDEN | 107.44 | 0.25 | +0.23% |
| iShares MSCI Denmark ETF | |||
EETH and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EETH has been closely correlated with ETHE. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if EETH jumps, then ETHE could also see price increases.
| Ticker / NAME | Correlation To EETH | 1D Price Change % | ||
|---|---|---|---|---|
| EETH | 100% | +3.07% | ||
| ETHE - EETH | 94% Closely correlated | +3.05% | ||
| GBTC - EETH | 80% Closely correlated | +6.43% | ||
| IBIT - EETH | 78% Closely correlated | +6.36% | ||
| GDLC - EETH | 76% Closely correlated | +4.65% | ||
| ETCG - EETH | 69% Closely correlated | -0.67% | ||
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