NZDCNY price forecast, quote, news & analysis
NZDCNY in downward trend: price may drop because broke its higher Bollinger Band on February 20, 2025
NZDCNY broke above its upper Bollinger Band on February 20, 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. The A.I.dvisor looked at 44 similar instances where the stock broke above the upper band. In of the 44 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for NZDCNY moved out of overbought territory on February 22, 2025. 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 13, 2025. You may want to consider a long position or call options on NZDCNY as a result. In of 136 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 NZDCNY just turned positive on February 05, 2025. Looking at past instances where NZDCNY's MACD turned positive, the stock continued to rise in of 95 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 216 cases where NZDCNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .