Momentum Indicator for JPYAUD turns positive, indicating new upward trend
JPYAUD saw its Momentum Indicator move above the 0 level on February 19, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 135 similar instances where the indicator turned positive. In of the 135 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for JPYAUD just turned positive on February 19, 2025. Looking at past instances where JPYAUD's MACD turned positive, the stock continued to rise in of 106 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 181 cases where JPYAUD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
JPYAUD broke above its upper Bollinger Band on February 19, 2025. 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.
JPYAUD and Forex
Correlation & Price change
A.I.dvisor tells us that JPYAUD and AUDJPY have been negatively correlated (-99% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that JPYAUD and AUDJPY's prices could move in opposite directions.
| Ticker / NAME | Correlation To JPYAUD | 1D Price Change % | ||
|---|---|---|---|---|
| JPYAUD | 100% | N/A | ||
| AUDJPY - JPYAUD | -99% Negatively correlated | N/A |