HIGH.X Crypto Highstreet cryptocurrency (HIGH.X, $1.47) RSI Indicator left the overbought zone on September 28, 2024
HIGH.X's RSI Oscillator recovers from overbought zone
The 10-day RSI Indicator for HIGH.X moved out of overbought territory on September 28, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 instances where the indicator moved out of the overbought zone. In of the 25 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 36 cases where HIGH.X's Stochastic Oscillator exited the overbought zone, the price fell further within 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 HIGH.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 .
HIGH.X broke above its upper Bollinger Band on October 20, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 11, 2024. You may want to consider a long position or call options on HIGH.X as a result. In of 40 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 HIGH.X just turned positive on October 14, 2024. Looking at past instances where HIGH.X's MACD turned positive, the stock continued to rise in of 24 cases over the following month. The odds of a continued upward trend are .
HIGH.X moved above its 50-day moving average on October 18, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for HIGH.X crossed bullishly above the 50-day moving average on October 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HIGH.X advanced for three days, in of 191 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 122 cases where HIGH.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
