US has an additional 5.245 million jobless claims in the week ending April 11
In the week ending April 11, an additional 5.245 million initial unemployment insurance claims were filed in the US, as the US economy continues to get crushed by the COVID-19 pandemic.
However, the April 11 week jobless claims were lower than the 5.803 million in claims expected by analysts polled by FactSet. Over the past month, nearly 22 million jobless claims were filed, the highest on record.
Continuing jobless claims was 11.9 million for the latest reported week.
Several analysts and economists expect job losses in April to be as high as 20 million, which would translate into a jobless rate of around 15%.
SPY's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for SPY turned positive on October 24, 2025. Looking at past instances where SPY's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 23, 2025. You may want to consider a long position or call options on SPY as a result. In of 71 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 469 cases where SPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SPY moved out of overbought territory on October 09, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 47 similar instances where the indicator moved out of overbought territory. In of the 47 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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