SYN.X Synapse cryptocurrency Forecast, Technical & Fundamental Analysis

SYN.X's Indicator enters downward trend

The Aroon Indicator for SYN.X entered a downward trend on December 27, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 128 similar instances where the Aroon Indicator formed such a pattern. In of the 128 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 26 cases where SYN.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

SYN.X moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SYN.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 .

SYN.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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SYN.X's RSI Indicator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 30, 2024. You may want to consider a long position or call options on SYN.X as a result. In of 43 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 SYN.X just turned positive on December 31, 2024. Looking at past instances where SYN.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 .

The 10-day moving average for SYN.X crossed bullishly above the 50-day moving average on January 07, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 +1 3-day Advance, the price is estimated to grow further. Considering data from situations where SYN.X advanced for three days, in of 132 cases, the price rose further within the following month. The odds of a continued upward trend are .