TRX.X moved above its 50-day moving average on January 10, 2024 date and that indicates a change from a downward trend to an upward trend. In 42 of 66 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 64%.
Technical Analysis (Indicators) Bullish Trend Analysis The Momentum Indicator moved above the 0 level on January 25, 2024. You may want to consider a long position or call options on TRX.X as a result. In 82 of 149 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 55%.
The Moving Average Convergence Divergence (MACD) for TRX.X just turned positive on January 25, 2024. Looking at past instances where TRX.X's MACD turned positive, the stock continued to rise in 32 of 68 cases over the following month. The odds of a continued upward trend are 47%.
Following a +5.34% 3-day Advance, the price is estimated to grow further. Considering data from situations where TRX.X advanced for three days, in 249 of 475 cases, the price rose further within the following month. The odds of a continued upward trend are 52%.
The Aroon Indicator entered an Uptrend today. In 185 of 365 cases where TRX.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 51%.
Bearish Trend Analysis The 10-day RSI Indicator for TRX.X moved out of overbought territory on January 14, 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 55 similar instances where the indicator moved out of overbought territory. In 24 of the 55 cases, the stock moved lower in the following days. This puts the odds of a move lower at 44%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 33 of 91 cases where TRX.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 36%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRX.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 38%.
TRX.X broke above its upper Bollinger Band on January 26, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Market Cap The average market capitalization across the group is 9.88B. The market cap for tickers in the group ranges from 9.88B to 9.88B. TRX.X holds the highest valuation in this group at 9.88B. The lowest valued company is TRX.X at 9.88B. High and low price notable news The average weekly price growth across all stocks in the group was 5%. For the same group, the average monthly price growth was 4%, and the average quarterly price growth was 45%. TRX.X experienced the highest price growth at 5%, while TRX.X experienced the biggest fall at 5%. Volume The average weekly volume growth across all stocks in the group was -29%. For the same stocks of the group, the average monthly volume growth was 7% and the average quarterly volume growth was 25%
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