SANTOS.X Santos FC Fan Token cryptocurrency Forecast, Technical & Fundamental Analysis

SANTOS.X's RSI Oscillator ascending out of oversold territory

The RSI Oscillator for SANTOS.X moved out of oversold territory on August 19, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In of the 22 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for SANTOS.X just turned positive on September 15, 2023. Looking at past instances where SANTOS.X's MACD turned positive, the stock continued to rise in of 16 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 SANTOS.X advanced for three days, in of 121 cases, the price rose further within the following month. The odds of a continued upward trend are .

SANTOS.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on August 29, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SANTOS.X as a result. In of 47 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

SANTOS.X moved below its 50-day moving average on August 21, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SANTOS.X crossed bearishly below the 50-day moving average on August 19, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 5 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 SANTOS.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 .

The Aroon Indicator for SANTOS.X entered a downward trend on September 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)