MITH.X Crypto Mithril cryptocurrency (MITH.X, $0) price moved above its 50-day Moving Average on November 15, 2024
at Tickeron.com
MITH.X in +21.60% Uptrend, rising for three consecutive days on November 15, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where MITH.X advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 14, 2024. You may want to consider a long position or call options on MITH.X as a result. In of 143 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 MITH.X just turned positive on November 15, 2024. Looking at past instances where MITH.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 .
Bearish Trend Analysis
The 10-day RSI Indicator for MITH.X moved out of overbought territory on October 25, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 45 cases where MITH.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
MITH.X moved below its 50-day moving average on November 16, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for MITH.X crossed bearishly below the 50-day moving average on November 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 MITH.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 .
MITH.X broke above its upper Bollinger Band on November 14, 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.
