ICP.X Internet Computer cryptocurrency Forecast, Technical & Fundamental Analysis
ICP.X's RSI Indicator leaves overbought zone
The 10-day RSI Indicator for ICP.X moved out of overbought territory on November 13, 2023. 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 14 instances where the indicator moved out of the overbought zone. In of the 14 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 demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ICP.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 .
ICP.X broke above its upper Bollinger Band on December 04, 2023. 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 November 30, 2023. You may want to consider a long position or call options on ICP.X as a result. In of 76 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 ICP.X just turned positive on December 04, 2023. Looking at past instances where ICP.X's MACD turned positive, the stock continued to rise in of 30 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 ICP.X advanced for three days, in of 190 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 81 cases where ICP.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
| 1 Day | |||
|---|---|---|---|
| CRYPTO / NAME | Price $ | Chg $ | Chg % |
| CTSI.X | 0.164900 | 0.006807 | +4.31% |
| Cartesi cryptocurrency | |||
| RUNE.X | 6.495000 | 0.138551 | +2.18% |
| THORChain cryptocurrency | |||
| VITE.X | 0.015900 | 0.000115 | +0.73% |
| VITE cryptocurrency | |||
| FORTH.X | 3.581000 | -0.012418 | -0.35% |
| Ampleforth Governance Token cryptocurrency | |||
| IOTX.X | 0.032970 | -0.002461 | -6.95% |
| IoTeX cryptocurrency | |||
ICP.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, ICP.X has been closely correlated with SAND.X. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if ICP.X jumps, then SAND.X could also see price increases.
| Ticker / NAME | Correlation To ICP.X | 1D Price Change % | ||
|---|---|---|---|---|
| ICP.X | 100% | +3.88% | ||
| SAND.X - ICP.X | 80% Closely correlated | +3.39% | ||
| ONE.X - ICP.X | 80% Closely correlated | +2.88% | ||
| FIL.X - ICP.X | 78% Closely correlated | +5.42% | ||
| LRC.X - ICP.X | 78% Closely correlated | +4.42% | ||
| DENT.X - ICP.X | 78% Closely correlated | -2.18% | ||
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