KSM.X Crypto Tickeron detected bullish Crypto Pattern: Broadening Bottom KSM.X on November 09, 2024, netting in a 33.84% gain over 3 weeks
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Momentum Indicator for KSM.X turns positive, indicating new upward trend
KSM.X saw its Momentum Indicator move above the 0 level on November 08, 2024. 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 129 similar instances where the indicator turned positive. In of the 129 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 KSM.X just turned positive on November 07, 2024. Looking at past instances where KSM.X's MACD turned positive, the stock continued to rise in of 64 cases over the following month. The odds of a continued upward trend are .
KSM.X moved above its 50-day moving average on November 15, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for KSM.X crossed bullishly above the 50-day moving average on November 14, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
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 439 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
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 10, 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.
