ZRX.X Crypto Tickeron detected bullish Crypto Pattern: Three Rising Valleys ZRX.X on November 09, 2024, netting in a 15.00% gain over 3 weeks
at Tickeron.com
ZRX.X sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for ZRX.X moved above the 200-day moving average on November 28, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 09, 2024. You may want to consider a long position or call options on ZRX.X as a result. In of 135 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 ZRX.X just turned positive on November 08, 2024. Looking at past instances where ZRX.X's MACD turned positive, the stock continued to rise in of 65 cases over the following month. The odds of a continued upward trend are .
ZRX.X moved above its 50-day moving average on November 07, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ZRX.X crossed bullishly above the 50-day moving average on November 12, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 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 ZRX.X advanced for three days, in of 450 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 304 cases where ZRX.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for ZRX.X moved out of overbought territory on December 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 50 similar instances where the indicator moved out of overbought territory. In of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 80 cases where ZRX.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 ZRX.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 .
ZRX.X broke above its upper Bollinger Band on December 06, 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.
