XTPUSD has been rallying ever since it broke out of its two week sell off a couple days ago but there are now signs showing that the upward momentum could be coming to a end.
Technical : The 3 EMA is crossing over the 10 EMA to the downside while at the same time the Stochastic is crossing the 50% mark to the downside as well. These Bearish confluences are...
On April 21, 2017, the Exelon Corporation ( EXC ) 20 day moving average (DMA) crossed below its 50 DMA and the 200 DMA crossed below the 250 DMA. Both crosses have never occurred on the same day before and both crosses do not always result in a drop for the stock. Historically the 20 has crossed below the 50 DMA 93 times with a median drop of 4.412% and maximum...
On April 28, 2017, Citigroup stock ( C ) 20 day moving average (DMA) crossed below its 100 day moving average (DMA). Historically this has occurred 237 times and the stock does not always continue to drop. The median drop is 3.213% and maximum drop is 37.140% over the next 11 trading days.
When we take a look at other technical indicators, the relative strength...
On April 5, 2017, CISCO Systems Inc. ( NASDAQ:CSCO ) crossed below its 50 day moving average (MA). Historically this has occurred 236 times and the stock does not always drop. The stock has a median loss of 2.851% and a maximum loss of 30.080% over the next 5 trading days.
When we take a look at other technical indicators, the relative strength index (RSI) is at...
On March 24, 2017 the United States Oil Fund USO, 200 daily moving average crossed below the 250 daily moving average. Historically this has occurred 10 times. When this happens, the ETF drops a minimum of 0.151%, has a median drop of 2.214% and maximum drop of 10.623% over the next 10 trading days. This last occurred December 8, 2014 and the fund dropped 67.92%...
