FIRO.X Firo cryptocurrency Forecast, Technical & Fundamental Analysis

FIRO.X sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for FIRO.X moved above the 200-day moving average on December 01, 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 97 cases where FIRO.X's Stochastic Oscillator exited the oversold zone 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 December 25, 2024. You may want to consider a long position or call options on FIRO.X as a result. In of 125 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 FIRO.X just turned positive on December 25, 2024. Looking at past instances where FIRO.X's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .

FIRO.X moved above its 50-day moving average on December 22, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +4 3-day Advance, the price is estimated to grow further. Considering data from situations where FIRO.X advanced for three days, in of 429 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 285 cases where FIRO.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 10-day RSI Indicator for FIRO.X moved out of overbought territory on December 14, 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 50 similar instances where the indicator moved out of overbought territory. In of the 50 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 FIRO.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 .

FIRO.X broke above its upper Bollinger Band on December 13, 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.