POLY.X Crypto Polymath cryptocurrency (POLY.X, $0.05) price exceeded its 50-day Moving Average on November 14, 2024
at Tickeron.com
POLY.X in downward trend: 10-day moving average broke below 50-day moving average on October 28, 2024
The 10-day moving average for POLY.X crossed bearishly below the 50-day moving average on October 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on POLY.X as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
POLY.X moved below its 50-day moving average on November 14, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where POLY.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 .
POLY.X broke above its upper Bollinger Band on October 27, 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 POLY.X entered a downward trend on November 16, 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where POLY.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for POLY.X just turned positive on November 13, 2024. Looking at past instances where POLY.X's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
Following a +7 3-day Advance, the price is estimated to grow further. Considering data from situations where POLY.X advanced for three days, in of 173 cases, the price rose further within the following month. The odds of a continued upward trend are .
