$0.28
+ $0.01 (2.10%)
End-of-day quote: 2022-10-17
CHR/USD

Is Chromia on an upswing?

No, the price is below all 3 moving averages and is therefore in a downtrend.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Chromia Forecast for 2023

Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.

Analysts had a wide range of forecasts for the Chromia price over the next year. The most optimistic predicted a 12-month price target of $0.33, implying an 87 percent raise, while the worst-case scenario would be $0.25.

The most recent average price target for the next year is $0.28, and it's the most crucial.

That equates to a potential gain of 1.03 percent.

CHR - Relative Strength Forecast

Chromia has broken the 25 strength line from below on 2022-05-17 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Early Jun 2022 we see how the relative strength falls from above 25 to below 25. Thus, Chromia has been in a sell signal since 2022-06-04.

CHR - Trend Prediction

CHR - Price Volatility Prediction

From 04/08/2022 we see a strong Chromia above the moving average causing rising prices of Chromia. From late Jun 2022 we then see a strong Chromia, which then triggers a buy signal.

CHR - Relative Strength

From 08/10/2022 to 08/11/2022 Chromia was so overbought that this led to a reversal trend. Mid Oct 2022 we then see Chromia developing more and more weakness, which is a sell signal.

CHR - Momentum Forecast

Mid Oct 2022 Chromia left the oversold zone to the upside, which led to a short-term _-val__ change in trend. In October we then see weak volatility for Chromia for a longer period of time which led to negative signals for Chromia.

What Does the Future Hold for Chromia?

Chromia's long-term prospects appear to be excellent. 15 analysts predicted that Chromia would reach $0.29 by March 2025. The Chromia price is expected to be $0.29 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $0.30.