AKRO.X in upward trend: 10-day moving average crossed above 50-day moving average on September 26, 2024

The 10-day moving average for AKRO.X crossed bullishly above the 50-day moving average on September 26, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 16 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 76%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 72 of 96 cases where AKRO.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.

The Moving Average Convergence Divergence (MACD) for AKRO.X just turned positive on September 17, 2024. Looking at past instances where AKRO.X's MACD turned positive, the stock continued to rise in 48 of 67 cases over the following month. The odds of a continued upward trend are 72%.

Following a +2.99% 3-day Advance, the price is estimated to grow further. Considering data from situations where AKRO.X advanced for three days, in 280 of 383 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.

$AKRO
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