JPYCHF's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Indicator for JPYCHF moved out of overbought territory on December 04, 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 26 instances where the indicator moved out of the overbought zone. In of the 26 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 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Momentum Indicator moved below the 0 level on December 07, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on JPYCHF as a result. In of 136 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for JPYCHF turned negative on December 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 92 similar instances when the indicator turned negative. In of the 92 cases the stock turned lower in the days that followed. This puts the odds of success at .
JPYCHF broke above its upper Bollinger Band on November 30, 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 Aroon Indicator entered an Uptrend today. In of 147 cases where JPYCHF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
JPYCHF and Forex
Correlation & Price change
A.I.dvisor tells us that JPYCHF and CHFJPY have been negatively correlated (-99% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that JPYCHF and CHFJPY's prices could move in opposite directions.
| Ticker / NAME | Correlation To JPYCHF | 1D Price Change % | ||
|---|---|---|---|---|
| JPYCHF | 100% | N/A | ||
| CHFJPY - JPYCHF | -99% Negatively correlated | N/A |