PHA.X Crypto Tickeron detected bullish Crypto Pattern: Wedge Falling PHA.X on November 08, 2024, netting in a 20.34% gain over 1 week
PHA.X's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for PHA.X turned positive on November 07, 2024. Looking at past instances where PHA.X's MACD turned positive, the stock continued to rise in of 54 cases over 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 10, 2024. You may want to consider a long position or call options on PHA.X as a result. In of 119 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 PHA.X advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
PHA.X moved below its 50-day moving average on November 13, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for PHA.X crossed bearishly below the 50-day moving average on October 25, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 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 PHA.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 .
PHA.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 PHA.X entered a downward trend on November 10, 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.
