FXA Stock Invesco CcyShrs® Australian Dllr Trust (FXA, $61.57) Moving Average Convergence Divergence (MACD) Histogram turned positive on January 3, 2025

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FXA - Invesco CcyShrs® Australian Dllr Trust

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Odds of UP Trend

Price: $61.57

Daily change: +$0.16 (+0.25%)

Daily volume: 7.4K

Net Assets: $68.6M

FXA in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 18, 2024

FXA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where FXA's price broke its lower Bollinger Band, its price rose further in 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 FXA's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where FXA'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 Moving Average Convergence Divergence (MACD) for FXA just turned positive on January 03, 2025. Looking at past instances where FXA's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FXA advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FXA as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 FXA 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 FXA entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.