MDYV SPDR® S&P 400 Mid Cap Value ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P MidCap 400 Value Index... Show more
MDYV saw its Stochastic Oscillator recovers from the overbought zone
The Stochastic Oscillator for MDYV moved out of overbought territory on March 28, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 67 similar instances where the indicator exited the overbought zone. In of the 67 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MDYV as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 MDYV 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 MDYV entered a downward trend on March 24, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MDYV's RSI Indicator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MDYV just turned positive on March 19, 2025. Looking at past instances where MDYV's MACD turned positive, the stock continued to rise in of 50 cases 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 MDYV advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
MDYV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category SmallValue
MDYV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MDYV has been closely correlated with IJJ. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if MDYV jumps, then IJJ could also see price increases.
| Ticker / NAME | Correlation To MDYV | 1D Price Change % | ||
|---|---|---|---|---|
| MDYV | 100% | +1.35% | ||
| IJJ - MDYV | 100% Closely correlated | +1.26% | ||
| VBR - MDYV | 99% Closely correlated | +1.54% | ||
| DFAT - MDYV | 97% Closely correlated | +1.55% | ||
| IWS - MDYV | 97% Closely correlated | +1.10% | ||
| IWN - MDYV | 96% Closely correlated | +1.31% | ||
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