TRX.X in upward trend: 10-day moving average broke above 50-day moving average on June 26, 2024
The 10-day moving average for TRX.X crossed bullishly above the 50-day moving average on June 26, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 15 of 21 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 71%.https://tickeron.com/ticker/TRX.X/?via=serhii
Price Prediction Chart
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 21, 2024. You may want to consider a long position or call options on TRX.X as a result. In 71 of 140 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 51%. https://tickeron.com/ticker/TRX.X/?via=serhii
TRX.X moved above its 50-day moving average on June 22, 2024 date and that indicates a change from a downward trend to an upward trend. https://tickeron.com/ticker/TRX.X/?via=serhii
Following a +4.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where TRX.X advanced for three days, in 244 of 496 cases, the price rose further within the following month. The odds of a continued upward trend are 49%. https://tickeron.com/ticker/TRX.X/?via=serhii
The Aroon Indicator entered an Uptrend today. In 200 of 377 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 53%. https://tickeron.com/ticker/TRX.X/?via=serhii