XLM.X Crypto Tickeron detected bullish Crypto Pattern: Three Rising Valleys XLM.X on November 07, 2024, netting in a 26.24% gain over 1 week
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XLM.X in +67.08% 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 XLM.X advanced for three days, in of 442 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 06, 2024. You may want to consider a long position or call options on XLM.X as a result. In of 128 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 XLM.X just turned positive on November 06, 2024. Looking at past instances where XLM.X's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .
XLM.X moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for XLM.X crossed bullishly above the 50-day moving average on November 08, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 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 .
The 50-day moving average for XLM.X moved above the 200-day moving average on November 16, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 11 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 13 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 XLM.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 .
XLM.X broke above its upper Bollinger Band on November 18, 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.
