NU.X Crypto NuCypher cryptocurrency (NU.X, $0.08) price moved above its 50-day Moving Average on November 10, 2024
at Tickeron.com
NU.X in upward trend: 10-day moving average moved above 50-day moving average on November 16, 2024
The 10-day moving average for NU.X crossed bullishly above the 50-day moving average on November 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NU.X's RSI Oscillator exited the oversold zone, of 41 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 10, 2024. You may want to consider a long position or call options on NU.X as a result. In of 108 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 NU.X just turned positive on November 09, 2024. Looking at past instances where NU.X's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
NU.X moved above its 50-day moving average on November 10, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NU.X advanced for three days, in of 303 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 46 cases where NU.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 NU.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 .
NU.X broke above its upper Bollinger Band on November 11, 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.
The Aroon Indicator for NU.X entered a downward trend on November 11, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
