PEPE.X in upward trend: price rose above 50-day moving average on April 25, 2024
PEPE.X moved above its 50-day moving average on April 25, 2024 date and that indicates a change from a downward trend to an upward trend. In 3 of 4 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 75%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 22, 2024. You may want to consider a long position or call options on PEPE.X as a result. In 9 of 19 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 47%.
The Moving Average Convergence Divergence (MACD) for PEPE.X just turned positive on April 22, 2024. Looking at past instances where PEPE.X's MACD turned positive, the stock continued to rise in 6 of 10 cases over the following month. The odds of a continued upward trend are 60%.
Following a +13.61% 3-day Advance, the price is estimated to grow further. Considering data from situations where PEPE.X advanced for three days, in 50 of 68 cases, the price rose further within the following month. The odds of a continued upward trend are 74%.
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