$0.67
$-0.03 (-3.85%)
End-of-day quote: 2022-10-25
CTK/USD

Is Shentu on the rise?

No, the price of Shentu has been decreasing steadily since September 11, 2022, and is currently down by -34.95%. The 200-day moving average is currently 45.83% above the current price. The 100-day moving average is 33.89% above the current price, and the 50-day moving average is 29.76% above the current price.

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 Shentu Forecast for 2023

We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.

For Shentu prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $0.78, while the most pessimistic outlook is for $0.59.

The most recent forecasted price target for the next year is $0.68, which is crucial to note.

This means it's possible to witness a gain of 0.76 percent.

CTK - Relative Strength Forecast

Shentu broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

CTK - Trend Prediction

CTK - Price Volatility Prediction

CTK - Relative Strength

CTK - Momentum Forecast

In we then see weak volatility for Shentu for a longer period of time which led to negative signals for Shentu.

Shentu's Prospects For 2025-2030

The next few years look good for Shentu. Ten analysts have predicted that by March 2025, Shentu will have reached $0.69. The Shentu price is expected to be $0.70 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $0.71.