QNT.X Crypto Tickeron detected bullish Crypto Pattern: Head-and-Shoulders Bottom QNT.X on November 15, 2024, netting in a 5.26% gain over 3 days
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QNT.X in upward trend: price rose above 50-day moving average on November 15, 2024
QNT.X moved above its 50-day moving average on November 15, 2024 date and that indicates a change from a downward trend to an upward trend. In of 64 similar past instances, the stock price increased further within 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 09, 2024. You may want to consider a long position or call options on QNT.X as a result. In of 143 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 QNT.X just turned positive on November 06, 2024. Looking at past instances where QNT.X's MACD turned positive, the stock continued to rise in of 68 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for QNT.X crossed bullishly above the 50-day moving average on November 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +4 3-day Advance, the price is estimated to grow further. Considering data from situations where QNT.X advanced for three days, in of 377 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 75 cases where QNT.X's Stochastic Oscillator exited the overbought zone, the price fell further within 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 QNT.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 .
QNT.X broke above its upper Bollinger Band on November 16, 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 QNT.X entered a downward trend on November 09, 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.
