STRAX.X Stratis [New] cryptocurrency Forecast, Technical & Fundamental Analysis

STRAX.X's RSI Indicator leaves overbought zone

The 10-day RSI Indicator for STRAX.X moved out of overbought territory on December 22, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 52 instances where the indicator moved out of the overbought zone. In of the 52 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where STRAX.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 STRAX.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 .

STRAX.X broke above its upper Bollinger Band on January 05, 2025. 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on STRAX.X as a result. In of 137 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 STRAX.X just turned positive on January 04, 2025. Looking at past instances where STRAX.X's MACD turned positive, the stock continued to rise in of 63 cases over the following month. The odds of a continued upward trend are .

STRAX.X moved above its 50-day moving average on December 27, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where STRAX.X advanced for three days, in of 429 cases, the price rose further within the following month. The odds of a continued upward trend are .