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 ETHDOWN.X declined for three days, in of 327 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on November 24, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ETHDOWN.X as a result. In of 78 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 ETHDOWN.X turned negative on December 03, 2023. 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 36 similar instances when the indicator turned negative. In of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 50-day moving average for ETHDOWN.X moved below the 200-day moving average on November 11, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
The Aroon Indicator for ETHDOWN.X entered a downward trend on November 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator entered the oversold zone -- be on the watch for ETHDOWN.X's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
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 ETHDOWN.X advanced for three days, in of 251 cases, the price rose further within the following month. The odds of a continued upward trend are .
ETHDOWN.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
A.I.dvisor indicates that over the last year, ETHDOWN.X has been closely correlated with BTCDOWN.X. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if ETHDOWN.X jumps, then BTCDOWN.X could also see price increases.