MEMX stock forecast, quote, news & analysis

MEMX in upward trend: price may ascend as a result of having broken its lower Bollinger Band on December 18, 2024

MEMX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 17 cases where MEMX's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for MEMX just turned positive on January 06, 2025. Looking at past instances where MEMX's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MEMX advanced for three days, in of 137 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 29 cases where MEMX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MEMX as a result. In of 26 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

MEMX moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

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