ETH.X in +4.35% Uptrend, rising for three consecutive days on September 13, 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 ETH.X advanced for three days, in 260 of 446 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ETH.X's RSI Indicator exited the oversold zone, 10 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 43%.
The Moving Average Convergence Divergence (MACD) for ETH.X just turned positive on September 11, 2024. Looking at past instances where ETH.X's MACD turned positive, the stock continued to rise in 37 of 65 cases over the following month. The odds of a continued upward trend are 57%.
ETH.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
$ETH
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