RUBUSD price forecast, quote, news & analysis
RUBUSD's Indicator enters downward trend
The Aroon Indicator for RUBUSD entered a downward trend on January 08, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 277 similar instances where the Aroon Indicator formed such a pattern. In of the 277 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where RUBUSD's RSI Indicator exited the oversold zone, of 46 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on RUBUSD as a result. In of 132 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 RUBUSD just turned positive on January 06, 2025. Looking at past instances where RUBUSD's MACD turned positive, the stock continued to rise in of 102 cases over the following month. 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 RUBUSD advanced for three days, in of 176 cases, the price rose further within the following month. The odds of a continued upward trend are .
RUBUSD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.