KSM.X's Indicator enters downward trend
The Aroon Indicator for KSM.X entered a downward trend on December 25, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 204 similar instances where the Aroon Indicator formed such a pattern. In of the 204 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for KSM.X moved out of overbought territory on December 07, 2024. 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 58 similar instances where the indicator moved out of overbought territory. In of the 58 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KSM.X as a result. In of 131 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 KSM.X turned negative on December 09, 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 67 similar instances when the indicator turned negative. In of the 67 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KSM.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 .
KSM.X broke above its upper Bollinger Band on November 22, 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 86 cases where KSM.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
KSM.X moved above its 50-day moving average on December 23, 2024 date and that indicates a change from a downward trend to an upward trend.
The 50-day moving average for KSM.X moved above the 200-day moving average on December 01, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where KSM.X advanced for three days, in of 446 cases, the price rose further within the following month. The odds of a continued upward trend are .
KSM.X and Crypto
Correlation & Price change
A.I.dvisor indicates that over the last year, KSM.X has been closely correlated with DOT.X. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if KSM.X jumps, then DOT.X could also see price increases.
| Ticker / NAME | Correlation To KSM.X | 1D Price Change % | ||
|---|---|---|---|---|
| KSM.X | 100% | -1.05% | ||
| DOT.X - KSM.X | 85% Closely correlated | -0.83% | ||
| ONE.X - KSM.X | 80% Closely correlated | -0.70% | ||
| ZIL.X - KSM.X | 77% Closely correlated | -4.16% | ||
| LIT.X - KSM.X | 77% Closely correlated | -1.61% | ||
| MANA.X - KSM.X | 77% Closely correlated | -2.15% | ||
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