$DOGE RSI Oscillator ascends from oversold territory

The RSI Indicator for DOGE.X moved out of oversold territory on December 23, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 45 similar instances when the indicator left oversold territory. In 31 of the 45 cases the stock moved higher. This puts the odds of a move higher at 69%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 01, 2025. You may want to consider a long position or call options on DOGE.X as a result. In 84 of 146 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 58%.

The Moving Average Convergence Divergence (MACD) for DOGE.X just turned positive on January 02, 2025. Looking at past instances where DOGE.X's MACD turned positive, the stock continued to rise in 31 of 50 cases over the following month. The odds of a continued upward trend are 62%.

Following a +16.58% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOGE.X advanced for three days, in 250 of 408 cases, the price rose further within the following month. The odds of a continued upward trend are 61%.

The Aroon Indicator entered an Uptrend today. In 106 of 281 cases where DOGE.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 38%.

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