MENU

PHB.X Crypto Tickeron detected bearish Crypto Pattern: Triangle Symmetrical Top on June 05, 2024

A.I.dvisor
at Tickeron.com
06/06/24
Loading...
Triangle Symmetrical Top
PHB.X - Phoenix cryptocurrency
Tickeron
Emerged: 06/05/24
Breakout: $2.53
Price: $2.78
Target price: $2.14
A.I.dvisor detected a bearish Triangle Symmetrical Top pattern for PHB.X stock. This pattern was detected on June 05, 2024 . The odds of reaching the target price are 6. The Symmetrical Triangle Top pattern forms when the price of a security fails to retest a high or low and ultimately forms two narrowing trend lines. Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout level.

PHB.X in downward trend: price dove below 50-day moving average on November 13, 2024

PHB.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. In of 25 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 37 cases where PHB.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The 10-day moving average for PHB.X crossed bearishly below the 50-day moving average on November 01, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 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 PHB.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 .

PHB.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 PHB.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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on PHB.X as a result. In of 56 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 PHB.X just turned positive on November 07, 2024. Looking at past instances where PHB.X's MACD turned positive, the stock continued to rise in of 24 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for PHB.X moved above the 200-day moving average on November 08, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PHB.X advanced for three days, in of 185 cases, the price rose further within the following month. The odds of a continued upward trend are .

View a ticker or compare two or three
PHB.X
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts