EDIV Stock SPDR® S&P Emerging Markets Dividend ETF (EDIV, $37.56) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 4, 2024

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EDIV - SPDR® S&P Emerging Markets Dividend ETF

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Odds of DOWN Trend

Price: $37.56

Daily change: $0 (0%)

Daily volume: 115.5K

Net Assets: $497.7M

EDIV's Indicator enters downward trend

The Aroon Indicator for EDIV entered a downward trend on November 12, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 149 similar instances where the Aroon Indicator formed such a pattern. In of the 149 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

EDIV moved below its 50-day moving average on October 25, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EDIV crossed bearishly below the 50-day moving average on October 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EDIV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EDIV's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

EDIV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.