USDP.X Pax Dollar cryptocurrency Forecast, Technical & Fundamental Analysis

USDP.X's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for USDP.X turned positive on January 01, 2025. Looking at past instances where USDP.X's MACD turned positive, the stock continued to rise in of 153 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where USDP.X's Stochastic Oscillator exited the oversold zone 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 January 01, 2025. You may want to consider a long position or call options on USDP.X as a result. In of 312 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

USDP.X moved above its 50-day moving average on January 01, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for USDP.X crossed bullishly above the 50-day moving average on December 25, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 62 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 USDP.X advanced for three days, in of 271 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

USDP.X broke above its upper Bollinger Band on January 01, 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.