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MDY
ETF ticker: NYSE ARCA
AS OF
Jan 10, 02:51 PM (EDT)
Price
$566.86
Change
-$6.87 (-1.20%)
Net Assets
24.12B

MDY SPDR® S&P MIDCAP 400 ETF Trust Forecast, Technical & Fundamental Analysis

Category MidCapBlend
MDY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for MDY with price predictions
Jan 08, 2025

MDY's RSI Oscillator ascends from oversold territory

The RSI Indicator for MDY moved out of oversold territory on December 24, 2024. 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 27 similar instances when the indicator left oversold territory. In of the 27 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where MDY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on MDY as a result. In of 89 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 MDY advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

MDY moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for MDY crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 MDY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MDY entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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MDY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category MidCapBlend

Profile
Fundamentals
Details
Category
Mid-Cap Blend
Address
PDR Services, 86 Trinity PlaceNew York
Phone
N/A
Web
www.spdrs.com
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MDY and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, MDY has been closely correlated with IJH. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if MDY jumps, then IJH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MDY
1D Price
Change %
MDY100%
+0.26%
IJH - MDY
100%
Closely correlated
+0.27%
SPMD - MDY
100%
Closely correlated
+0.24%
IVOO - MDY
100%
Closely correlated
+0.25%
PTMC - MDY
100%
Closely correlated
+0.22%
XJH - MDY
99%
Closely correlated
+0.02%
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