FIL.X Crypto Tickeron detected bearish Crypto Pattern: Cup-and-Handle Inverse on October 12, 2024
FIL.X's Stochastic Oscillator reaches overbought zone
The Stochastic Oscillator for FIL.X moved into overbought territory on October 16, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for FIL.X moved out of overbought territory on September 28, 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 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FIL.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 .
FIL.X broke above its upper Bollinger Band on October 14, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 14, 2024. You may want to consider a long position or call options on FIL.X as a result. In of 157 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 FIL.X just turned positive on October 15, 2024. Looking at past instances where FIL.X's MACD turned positive, the stock continued to rise in of 58 cases over the following month. The odds of a continued upward trend are .
FIL.X moved above its 50-day moving average on October 14, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for FIL.X crossed bullishly above the 50-day moving average on October 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FIL.X advanced for three days, in of 404 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 240 cases where FIL.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
