FIO.X Crypto FIO Protocol cryptocurrency (FIO.X, $0.03) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 7, 2024
at Tickeron.com
FIO.X in +11.66% Uptrend, advancing for three consecutive days on November 16, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FIO.X advanced for three days, in of 366 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FIO.X's RSI Oscillator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 10, 2024. You may want to consider a long position or call options on FIO.X as a result. In of 117 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 FIO.X just turned positive on November 07, 2024. Looking at past instances where FIO.X's MACD turned positive, the stock continued to rise in of 60 cases over the following month. The odds of a continued upward trend are .
FIO.X moved above its 50-day moving average on November 16, 2024 date and that indicates a change from a downward trend to an upward trend.
The 50-day moving average for FIO.X moved above the 200-day moving average on October 14, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
FIO.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 42 cases where FIO.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 10-day moving average for FIO.X crossed bearishly below the 50-day moving average on October 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FIO.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 .
The Aroon Indicator for FIO.X entered a downward trend on November 09, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
