FTT.X FTX Token cryptocurrency Forecast, Technical & Fundamental Analysis

Momentum Indicator for FTT.X turns positive, indicating new upward trend

FTT.X saw its Momentum Indicator move above the 0 level on November 21, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 146 similar instances where the indicator turned positive. In of the 146 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The 10-day moving average for FTT.X crossed bullishly above the 50-day moving average on October 27, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 24 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 .

The 50-day moving average for FTT.X moved above the 200-day moving average on November 10, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a +4 3-day Advance, the price is estimated to grow further. Considering data from situations where FTT.X advanced for three days, in of 412 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 272 cases where FTT.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 FTT.X moved out of overbought territory on November 25, 2023. 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 .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 73 cases where FTT.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 Moving Average Convergence Divergence Histogram (MACD) for FTT.X turned negative on November 27, 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 71 similar instances when the indicator turned negative. In of the 71 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FTT.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 .

FTT.X broke above its upper Bollinger Band on November 22, 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)