Feb. 2 at 11:39 PM
$AIQ Daily Renko Chart
AI Technical Setup Analysis
Weekly & Daily Renko charts suggest a Strong Trend with High Momentum.
Renko Status (Bullish): Two green bricks indicate a clear trend continuation following a brief period of noise.
RSI at 64.50 (Bullish Momentum): An RSI in the 60s shows strong buying pressure without being traditionally "overbought" (which typically begins at 70).
StochRSI at 0.778 (Near Overbought): This suggests that while momentum is high, the price is approaching the top of its current cycle, which could lead to a short-term cooling off.
MACD (Bullish): Positive & above zero is a definitive buy signal, indicating that the short-term average is accelerating faster than the long-term average.
Is it a Buy?
AIQ is currently a Buy on Dips / Moderate Buy. The trend is undeniably positive, but the high StochRSI suggests you may get a better entry point by waiting for a minor retracement.