ETH.X in downward trend: 10-day moving average broke below 50-day moving average on January 28, 2024
The 10-day moving average for ETH.X crossed bearishly below the 50-day moving average on January 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 50%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ETH.X moved out of overbought territory on January 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 66 similar instances where the indicator moved out of overbought territory. In 32 of the 66 cases, the stock moved lower in the following days. This puts the odds of a move lower at 48%.
The Moving Average Convergence Divergence Histogram (MACD) for ETH.X turned negative on January 20, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 64 similar instances when the indicator turned negative. In 26 of the 64 cases the stock turned lower in the days that followed. This puts the odds of success at 41%.
ETH.X moved below its 50-day moving average on January 31, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ETH.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 39%.
ETHUSD
New Robot factory from Tickeron Trading Results for last 12 months
ETH.X
AI Robots (Signals Only)
AI Robot's Name P/L
Day Trader: Crypto Pattern Trading in High-Volatility Markets (TA) 8.81%
Day Trader with Trailing Stops, Cryptos 7 (TA) 6.37%
Swing Trader: Crypto Pattern Trading in High-Volatility Markets (TA) 5.31%
Market Cap
The average market capitalization across the group is 275.16B. The market cap for tickers in the group ranges from 275.16B to 275.16B. ETH.X holds the highest valuation in this group at 275.16B. The lowest valued company is ETH.X at 275.16B.
High and low price notable news
The average weekly price growth across all stocks in the group was 1%. For the same group, the average monthly price growth was 1%, and the average quarterly price growth was 23%. ETH.X experienced the highest price growth at 1%, while ETH.X experienced the biggest fall at 1%.
Volume
The average weekly volume growth across all stocks in the group was -25%. For the same stocks of the group, the average monthly volume growth was -50% and the average quarterly volume growth was -6%
The 10-day moving average for ETH.X crossed bearishly below the 50-day moving average on January 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 22 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 50%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ETH.X moved out of overbought territory on January 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 66 similar instances where the indicator moved out of overbought territory. In 32 of the 66 cases, the stock moved lower in the following days. This puts the odds of a move lower at 48%.
The Moving Average Convergence Divergence Histogram (MACD) for ETH.X turned negative on January 20, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 64 similar instances when the indicator turned negative. In 26 of the 64 cases the stock turned lower in the days that followed. This puts the odds of success at 41%.
ETH.X moved below its 50-day moving average on January 31, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ETH.X declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 39%.
ETHUSD
New Robot factory from Tickeron Trading Results for last 12 months
ETH.X
AI Robots (Signals Only)
AI Robot's Name P/L
Day Trader: Crypto Pattern Trading in High-Volatility Markets (TA) 8.81%
Day Trader with Trailing Stops, Cryptos 7 (TA) 6.37%
Swing Trader: Crypto Pattern Trading in High-Volatility Markets (TA) 5.31%
Market Cap
The average market capitalization across the group is 275.16B. The market cap for tickers in the group ranges from 275.16B to 275.16B. ETH.X holds the highest valuation in this group at 275.16B. The lowest valued company is ETH.X at 275.16B.
High and low price notable news
The average weekly price growth across all stocks in the group was 1%. For the same group, the average monthly price growth was 1%, and the average quarterly price growth was 23%. ETH.X experienced the highest price growth at 1%, while ETH.X experienced the biggest fall at 1%.
Volume
The average weekly volume growth across all stocks in the group was -25%. For the same stocks of the group, the average monthly volume growth was -50% and the average quarterly volume growth was -6%