ETH.X in upward trend: 10-day moving average moved above 50-day moving average on July 23, 2024

The 10-day moving average for ETH.X crossed bullishly above the 50-day moving average on July 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 15 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 62%.

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, 11 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 48%.

The Moving Average Convergence Divergence (MACD) for ETH.X just turned positive on July 13, 2024. Looking at past instances where ETH.X's MACD turned positive, the stock continued to rise in 39 of 66 cases over the following month. The odds of a continued upward trend are 59%.

Following a +0.88% 3-day Advance, the price is estimated to grow further. Considering data from situations where ETH.X advanced for three days, in 263 of 449 cases, the price rose further within the following month. The odds of a continued upward trend are 59%.

The Aroon Indicator entered an Uptrend today. In 269 of 468 cases where ETH.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 57%.

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