ETHE in downward trend: price dove below 50-day moving average on January 21, 2025
ETHE moved below its 50-day moving average on January 21, 2025 date and that indicates a change from an upward trend to a downward trend. In of 40 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 Momentum Indicator moved below the 0 level on January 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ETHE as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 ETHE 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 ETHE entered a downward trend on February 18, 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ETHE's RSI Oscillator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where ETHE'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ETHE advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .
ETHE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Unknown
ETHE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ETHE has been closely correlated with EETH. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if ETHE jumps, then EETH could also see price increases.
| Ticker / NAME | Correlation To ETHE | 1D Price Change % | ||
|---|---|---|---|---|
| ETHE | 100% | -3.68% | ||
| EETH - ETHE | 96% Closely correlated | -3.91% | ||
| ARKZ - ETHE | 96% Closely correlated | -3.90% | ||
| BTF - ETHE | 92% Closely correlated | -3.84% | ||
| BETE - ETHE | 92% Closely correlated | -3.63% | ||
| BTOP - ETHE | 90% Closely correlated | +0.04% | ||
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