CHESS.X Tranchess cryptocurrency Forecast, Technical & Fundamental Analysis

CHESS.X in downward trend: price dove below 50-day moving average on June 12, 2025

CHESS.X moved below its 50-day moving average on June 12, 2025 date and that indicates a change from an upward trend to a downward trend. In of 33 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 36 cases where CHESS.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The 10-day moving average for CHESS.X crossed bearishly below the 50-day moving average on June 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHESS.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CHESS.X entered a downward trend on June 07, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 08, 2025. You may want to consider a long position or call options on CHESS.X as a result. In of 63 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CHESS.X just turned positive on June 08, 2025. Looking at past instances where CHESS.X's MACD turned positive, the stock continued to rise in of 32 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where CHESS.X advanced for three days, in of 229 cases, the price rose further within the following month. The odds of a continued upward trend are .

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