OG.X Crypto OG Fan Token cryptocurrency (OG.X, $4.33) RSI Indicator left the overbought zone on October 05, 2024
OG.X's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Oscillator for OG.X moved out of overbought territory on October 08, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 instances where the indicator moved out of the overbought zone. In of the 37 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on OG.X as a result. In of 119 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for OG.X turned negative on October 18, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 58 similar instances when the indicator turned negative. In of the 58 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OG.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 .
OG.X broke above its upper Bollinger Band on October 05, 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.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
OG.X moved above its 50-day moving average on October 05, 2024 date and that indicates a change from a downward trend to an upward trend.
The 50-day moving average for OG.X moved above the 200-day moving average on October 14, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +17 3-day Advance, the price is estimated to grow further. Considering data from situations where OG.X advanced for three days, in of 307 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 140 cases where OG.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
