$0.00 (-1.65%)
End-of-day quote: 2022-10-17

The question is if HedgeTrade is currently on an uptrend?

According to the data, since February 17, 2022, HedgeTrade has been steadily decreasing and has gone down 89.69%. Concerning the 200-day moving average line, 349.63 is currently 257.66% above it. It is also 228.95% above the 100-day moving average line and __val__% above the 50-day moving average line.

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

Predictions for the price of HedgeTrade in 2023

Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.

Analysts were divided in their predictions for the HedgeTrade price over the next year. The highest forecast predicted a one-year price target of $0.12. However, the most pessimistic forecast was $0.09.

The latest average price target for the next year is $0.10, which is the most vital figure.

This indicates a possible increase of 3.71 percent.

HedgeTrade has broken the 25 strength line from below on 2022-08-30 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Late Sep 2022 we see how the relative strength falls from above 25 to below 25. Thus, HedgeTrade has been in a sell signal since 2022-09-29.

From 07/27/2022 we see a weak HedgeTrade below the moving average, which thereby causes falling prices of HedgeTrade. From early Sep 2022 we then see a weak HedgeTrade, which then triggers a sell signal.

From 09/12/2022 to 09/13/2022 HedgeTrade was so overbought that this led to a reversal trend. Mid Sep 2022 we then see HedgeTrade developing more and more weakness, which is a sell signal.

Mid Oct 2022 HedgeTrade left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for HedgeTrade for a longer period of time which led to negative signals for HedgeTrade.

HedgeTrade's Prospects For 2025-2030

HedgeTrade's future looks promising. According to three analysts, HedgeTrade is expected to reach $0.11 by March 2025. The five-year forecast projects that the HedgeTrade price will be $0.12 by March 2027. The long-term prediction for 2030 is $0.13.