SUI.X Crypto Tickeron detected bullish Crypto Pattern: Cup-and-Handle on August 26, 2024
at Tickeron.com
SUI.X in +12.38% Uptrend, advancing for three consecutive days on November 16, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SUI.X advanced for three days, in of 117 cases, the price rose 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 03, 2024. You may want to consider a long position or call options on SUI.X as a result. In of 37 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 SUI.X just turned positive on November 06, 2024. Looking at past instances where SUI.X's MACD turned positive, the stock continued to rise in of 23 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SUI.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 .
SUI.X broke above its upper Bollinger Band on November 09, 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 SUI.X entered a downward trend on November 04, 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.
