RUNE.X Crypto Tickeron detected bearish Crypto Pattern: Dead Cat Bounce RUNE.X on June 01, 2024, netting in a 8.59% gain over 7 days
RUNE.X in -14.55% downward trend, falling for three consecutive days on November 13, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where RUNE.X declined for three days, in of 439 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 10, 2024. You may want to consider a long position or call options on RUNE.X as a result. In of 126 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 RUNE.X just turned positive on November 09, 2024. Looking at past instances where RUNE.X's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .
RUNE.X moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.
The 50-day moving average for RUNE.X moved above the 200-day moving average on October 28, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where RUNE.X advanced for three days, in of 427 cases, the price rose further within the following month. The odds of a continued upward trend are .
RUNE.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 of 405 cases where RUNE.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
