GAL.X Crypto Tickeron detected bullish Crypto Pattern: Broadening Top on November 05, 2023
GAL.X's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for GAL.X turned positive on November 09, 2024. Looking at past instances where GAL.X's MACD turned positive, the stock continued to rise in of 21 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GAL.X's RSI Oscillator exited the oversold zone, of 17 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 November 09, 2024. You may want to consider a long position or call options on GAL.X as a result. In of 44 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 GAL.X advanced for three days, in of 164 cases, the price rose further within the following month. The odds of a continued upward trend are .
GAL.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
GAL.X moved below its 50-day moving average on November 12, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GAL.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 .
The Aroon Indicator for GAL.X entered a downward trend on November 05, 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.
