EOS.X in upward trend: 10-day moving average crossed above 50-day moving average on May 27, 2024

The 10-day moving average for EOS.X crossed bullishly above the 50-day moving average on May 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 16 of 24 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 67%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

EOS.X moved above its 50-day moving average on May 31, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +1.04% 3-day Advance, the price is estimated to grow further. Considering data from situations where EOS.X advanced for three days, in 226 of 416 cases, the price rose further within the following month. The odds of a continued upward trend are 54%.

The Aroon Indicator entered an Uptrend today. In 188 of 292 cases where EOS.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 64%.

$EOS
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