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OXT.X in upward trend: price rose above 50-day moving average on

Long
BINANCE:OXTUSDT   OXT / TetherUS
OXT.X moved above its 50-day moving average on January 29, 2024 date and that indicates a change from a downward trend to an upward trend. In 33 of 41 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 80%.

Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 27, 2024. You may want to consider a long position or call options on OXT.X as a result. In 78 of 113 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 69%.

The Moving Average Convergence Divergence (MACD) for OXT.X just turned positive on January 27, 2024. Looking at past instances where OXT.X's MACD turned positive, the stock continued to rise in 39 of 56 cases over the following month. The odds of a continued upward trend are 70%.

Following a +10.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where OXT.X advanced for three days, in 201 of 284 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.

OXT.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In 99 of 162 cases where OXT.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 61%.

Bearish Trend Analysis
The 10-day RSI Indicator for OXT.X moved out of overbought territory on January 03, 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 32 similar instances where the indicator moved out of overbought territory. In 21 of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at 66%.

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 25 of 50 cases where OXT.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 50%.

The 10-day moving average for OXT.X crossed bearishly below the 50-day moving average on January 21, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 15 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 47%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OXT.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 54%.

OXTUSDT

Market Cap
The average market capitalization across the group is 93.64M. The market cap for tickers in the group ranges from 93.64M to 93.64M. OXT.X holds the highest valuation in this group at 93.64M. The lowest valued company is OXT.X at 93.64M.
High and low price notable news
The average weekly price growth across all stocks in the group was 8%. For the same group, the average monthly price growth was -13%, and the average quarterly price growth was 84%. OXT.X experienced the highest price growth at 8%, while OXT.X experienced the biggest fall at 8%.
Volume
The average weekly volume growth across all stocks in the group was -42%. For the same stocks of the group, the average monthly volume growth was -73% and the average quarterly volume growth was -35%

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