SUN.X Sun [New] cryptocurrency Forecast, Technical & Fundamental Analysis

SUN.X saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for SUN.X moved out of overbought territory on January 07, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 26 similar instances where the indicator exited the overbought zone. In of the 26 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SUN.X as a result. In of 61 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 SUN.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 SUN.X entered a downward trend on December 27, 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.

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for SUN.X just turned positive on December 28, 2024. Looking at past instances where SUN.X's MACD turned positive, the stock continued to rise in of 26 cases over the following month. The odds of a continued upward trend are .

SUN.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.

The 10-day moving average for SUN.X crossed bullishly above the 50-day moving average on January 03, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 SUN.X advanced for three days, in of 177 cases, the price rose further within the following month. The odds of a continued upward trend are .