FTM.X sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for FTM.X moved above the 200-day moving average on November 28, 2023. 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 Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on FTM.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 FTM.X just turned positive on December 06, 2023. Looking at past instances where FTM.X's MACD turned positive, the stock continued to rise in of 61 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FTM.X advanced for three days, in of 421 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 312 cases where FTM.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 RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTM.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 .
FTM.X broke above its upper Bollinger Band on December 08, 2023. 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.
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
| 1 Day | |||
|---|---|---|---|
| CRYPTO / NAME | Price $ | Chg $ | Chg % |
| BTCST.X | 0.464918 | 0.073018 | +18.63% |
| Bitcoin Standard Hashrate Token cryptocurrency | |||
| KSM.X | 32.088806 | 0.658056 | +2.09% |
| Kusama cryptocurrency | |||
| BNX.X | 0.306315 | 0.000028 | +0.01% |
| BinaryX cryptocurrency | |||
| MANA.X | 0.531625 | -0.003177 | -0.59% |
| Decentraland cryptocurrency | |||
| ALCX.X | 19.620049 | -0.325764 | -1.63% |
| Alchemix cryptocurrency | |||
FTM.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, FTM.X has been closely correlated with ONE.X. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTM.X jumps, then ONE.X could also see price increases.
| Ticker / NAME | Correlation To FTM.X | 1D Price Change % | ||
|---|---|---|---|---|
| FTM.X | 100% | +1.09% | ||
| ONE.X - FTM.X | 82% Closely correlated | +3.20% | ||
| DOT.X - FTM.X | 79% Closely correlated | +3.15% | ||
| SAND.X - FTM.X | 79% Closely correlated | +4.11% | ||
| LRC.X - FTM.X | 79% Closely correlated | +1.54% | ||
| DASH.X - FTM.X | 78% Closely correlated | -0.08% | ||
More | ||||