FTT.X Crypto Tickeron detected bullish Crypto Pattern: Broadening Bottom on August 03, 2024
at Tickeron.com
FTT.X in +12.96% Uptrend, rising 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 FTT.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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 09, 2024. You may want to consider a long position or call options on FTT.X as a result. In of 137 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 FTT.X just turned positive on November 09, 2024. Looking at past instances where FTT.X's MACD turned positive, the stock continued to rise in of 66 cases over the following month. The odds of a continued upward trend are .
FTT.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.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 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 10-day moving average for FTT.X crossed bearishly below the 50-day moving average on November 01, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 25 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 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 11, 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.
The Aroon Indicator for FTT.X entered a downward trend on November 10, 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.
