JPYCAD's Stochastic Oscillator is staying in overbought zone for 3 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
JPYCAD broke above its upper Bollinger Band on January 15, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 15, 2025. You may want to consider a long position or call options on JPYCAD as a result. In of 135 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 JPYCAD just turned positive on January 15, 2025. Looking at past instances where JPYCAD's MACD turned positive, the stock continued to rise in of 98 cases over the following month. The odds of a continued upward trend are .
JPYCAD and Forex
Correlation & Price change
A.I.dvisor tells us that JPYCAD and CADJPY have been negatively correlated (-100% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that JPYCAD and CADJPY's prices could move in opposite directions.
| Ticker / NAME | Correlation To JPYCAD | 1D Price Change % | ||
|---|---|---|---|---|
| JPYCAD | 100% | N/A | ||
| CADJPY - JPYCAD | -100% Negatively correlated | N/A |