MC.X Merit Circle cryptocurrency Forecast, Technical & Fundamental Analysis

MC.X sees its Stochastic Oscillator climbs out of oversold territory

On May 09, 2025, the Stochastic Oscillator for MC.X moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 24 instances where the indicator left the oversold zone. In of the 24 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 09, 2025. You may want to consider a long position or call options on MC.X as a result. In of 42 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 MC.X just turned positive on May 09, 2025. Looking at past instances where MC.X's MACD turned positive, the stock continued to rise in of 16 cases over the following month. The odds of a continued upward trend are .

MC.X moved above its 50-day moving average on May 09, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where MC.X advanced for three days, in of 87 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 40 cases where MC.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day moving average for MC.X crossed bearishly below the 50-day moving average on May 02, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 MC.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 .

MC.X broke above its upper Bollinger Band on May 09, 2025. 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.