Question 1

What implications does the 10-day RSI indicator have for LTCN?

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where LTCN's RSI Oscillator exited the oversold zone, 23 of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 88%.

Question 2

What does the Stochastic Oscillator suggest about LTCN's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

How did LTCN's Momentum indicator behave recently?

Accepted Answer

LTCN saw its Momentum Indicator move below the 0 level on September 04, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 71 similar instances where the indicator turned negative. In 64 of the 71 cases, the stock moved further down in the following days. The odds of a decline are at 90%.

Question 4

What does MACD indicator imply for LTCN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for LTCN just turned positive on August 20, 2024. Looking at past instances where LTCN's MACD turned positive, the stock continued to rise in 31 of 33 cases over the following month. The odds of a continued upward trend are 90%.

Question 5

What does a 3-day price advance indicate for LTCN?

Accepted Answer

Following a +10.83% 3-day Advance, the price is estimated to grow further. Considering data from situations where LTCN advanced for three days, in 213 of 230 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

Question 6

What does a 3-day decline signify for LTCN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LTCN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.

Question 7

What does LTCN breaking above its upper Bollinger Band indicate?

Accepted Answer

LTCN broke above its upper Bollinger Band on August 23, 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.

LTCN Stock Grayscale Litecoin Trust (LTC) (LTCN, $10.98) entered Downtrend as Momentum indicator drops below 0 level on Sep 04, 2024

Momentum Indicator for LTCN turns negative, indicating new downward trend

General Information