ROKT SPDR® Kensho Final Frontiers ETF Forecast, Technical & Fundamental Analysis
ROKT's RSI Indicator recovers from overbought zone
The 10-day RSI Oscillator for ROKT moved out of overbought territory on December 02, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 instances where the indicator moved out of the overbought zone. In of the 34 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ROKT 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 .
The Moving Average Convergence Divergence Histogram (MACD) for ROKT turned negative on December 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ROKT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ROKT broke above its upper Bollinger Band on November 22, 2024. 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.
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 54 cases where ROKT'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ROKT advanced for three days, in of 338 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 268 cases where ROKT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Industrials
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TOVIX | 17.81 | -0.05 | -0.28% |
| American Beacon EAM Int Small Cap R5 | |||
| SUWZX | 35.32 | -0.17 | -0.48% |
| DWS Core Equity R6 | |||
| THOGX | 37.96 | -0.29 | -0.76% |
| Thornburg Global Opportunities R6 | |||
| PCSVX | 17.85 | -0.25 | -1.38% |
| PACE Small/Medium Co Value Equity P | |||
| LRSSX | 15.93 | -1.98 | -11.03% |
| Lord Abbett Small Cap Value R4 | |||
ROKT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ROKT has been closely correlated with EXI. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if ROKT jumps, then EXI could also see price increases.
| Ticker / NAME | Correlation To ROKT | 1D Price Change % | ||
|---|---|---|---|---|
| ROKT | 100% | -0.85% | ||
| EXI - ROKT | 80% Closely correlated | -0.72% | ||
| AIRR - ROKT | 78% Closely correlated | -1.86% | ||
| VIS - ROKT | -2% Poorly correlated | -1.12% | ||
| XLI - ROKT | -3% Poorly correlated | -0.92% | ||
| PPA - ROKT | -3% Poorly correlated | -1.10% | ||
More | ||||