STPT.X STP cryptocurrency Forecast, Technical & Fundamental Analysis

Aroon Indicator for STPT.X shows an upward move is likely

STPT.X's Aroon Indicator triggered a bullish signal on November 24, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 249 similar instances where the Aroon Indicator showed a similar pattern. In of the 249 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where STPT.X advanced for three days, in of 435 cases, the price rose further within the following month. The odds of a continued upward trend are .

STPT.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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Momentum Indicator moved below the 0 level on December 02, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on STPT.X as a result. In of 111 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for STPT.X turned negative on November 21, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 64 similar instances when the indicator turned negative. In of the 64 cases the stock turned lower in the days that followed. This puts the odds of success at .

STPT.X moved below its 50-day moving average on December 06, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for STPT.X crossed bearishly below the 50-day moving average on November 29, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 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 STPT.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 .

Fundamental Analysis (Ratings)