XLM.X Crypto Tickeron detected bearish Crypto Pattern: Triangle Symmetrical Bottom XLM.X on May 12, 2024, netting in a 16.43% gain over 1 month
XLM.X's RSI Indicator recovers from overbought zone
The 10-day RSI Oscillator for XLM.X moved out of overbought territory on September 30, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 instances where the indicator moved out of the overbought zone. In of the 44 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated 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.
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 October 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 12, 2024. You may want to consider a long position or call options on XLM.X as a result. In of 127 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 October 15, 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 October 16, 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 October 20, 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XLM.X advanced for three days, in of 441 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 263 cases where XLM.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
