KBE Price Prediction, SPDR® S&P Bank ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
KBE's RSI Oscillator recovers from oversold territory
The RSI Indicator for KBE moved out of oversold territory on May 05, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 31 similar instances when the indicator left oversold territory. In of the 31 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 17, 2023. You may want to consider a long position or call options on KBE as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for KBE just turned positive on May 17, 2023. Looking at past instances where KBE's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .
KBE moved above its 50-day moving average on June 02, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for KBE crossed bullishly above the 50-day moving average on June 07, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 KBE advanced for three days, in of 295 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 247 cases where KBE 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 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 KBE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
KBE broke above its upper Bollinger Band on June 06, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Financial
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| QFVIX | 21.34 | 0.08 | +0.38% |
| Pear Tree Polaris Foreign Value Instl | |||
| TINGX | 23.97 | 0.03 | +0.13% |
| Thornburg International Growth I | |||
| LINTX | 18.07 | 0.01 | +0.06% |
| Lord Abbett International Opp R5 | |||
| RNPFX | 53.79 | N/A | N/A |
| American Funds New Perspective R5 | |||
| AGCHX | 14.82 | -0.05 | -0.34% |
| American Century Global Small Cap C | |||
KBE and
Correlation & Price change
A.I.dvisor indicates that over the last year, KBE has been closely correlated with KRE. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if KBE jumps, then KRE could also see price increases.
| Ticker / NAME | Correlation To KBE | 1D Price Change % | ||
|---|---|---|---|---|
| KBE | 100% | -1.00% | ||
| KRE - KBE | 99% Closely correlated | -1.36% | ||
| IAT - KBE | 98% Closely correlated | -1.19% | ||
| KBWR - KBE | 97% Closely correlated | -1.24% | ||
| FTXO - KBE | 97% Closely correlated | -0.77% | ||
| KBWB - KBE | 96% Closely correlated | -0.52% | ||
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