HKDEUR's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for HKDEUR turned positive on February 22, 2025. Looking at past instances where HKDEUR's MACD turned positive, the stock continued to rise in of 111 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on February 22, 2025. You may want to consider a long position or call options on HKDEUR as a result. In of 143 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
HKDEUR 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 10-day RSI Indicator for HKDEUR moved out of overbought territory on February 03, 2025. 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 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Aroon Indicator for HKDEUR entered a downward trend on February 20, 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.
HKDEUR and Forex
Correlation & Price change
A.I.dvisor tells us that HKDEUR and EURHKD have been negatively correlated (-100% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that HKDEUR and EURHKD's prices could move in opposite directions.
| Ticker / NAME | Correlation To HKDEUR | 1D Price Change % | ||
|---|---|---|---|---|
| HKDEUR | 100% | N/A | ||
| EURHKD - HKDEUR | -100% Negatively correlated | N/A |