LTC.X Crypto Tickeron detected bearish Crypto Pattern: Broadening Bottom LTC.X on July 05, 2024, netting in a 13.94% gain over 1 month
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LTC.X's RSI Indicator recovers from overbought zone
The 10-day RSI Indicator for LTC.X moved out of overbought territory on November 17, 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 54 instances where the indicator moved out of the overbought zone. In of the 54 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 may be shifting from an upward trend to a downward trend. In of 91 cases where LTC.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LTC.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 .
LTC.X broke above its upper Bollinger Band on November 16, 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 Momentum Indicator moved above the 0 level on November 09, 2024. You may want to consider a long position or call options on LTC.X as a result. In of 129 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 LTC.X just turned positive on November 08, 2024. Looking at past instances where LTC.X's MACD turned positive, the stock continued to rise in of 61 cases over the following month. The odds of a continued upward trend are .
LTC.X moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.
The 50-day moving average for LTC.X moved above the 200-day moving average on November 19, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where LTC.X advanced for three days, in of 463 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 343 cases where LTC.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
