RWO Stock SPDR® Dow Jones® Global Real Estate ETF (RWO, $45.22) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 12, 2024

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RWO - SPDR® Dow Jones® Global Real Estate ETF

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Odds of DOWN Trend

Price: $45.22

Daily change: -$0.65 (-1.42%)

Daily volume: 22.1K

Net Assets: $1.2B

RWO in downward trend: 10-day moving average broke below 50-day moving average on October 21, 2024

The 10-day moving average for RWO crossed bearishly below the 50-day moving average on October 21, 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 .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for RWO turned negative on November 12, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

RWO moved below its 50-day moving average on October 21, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RWO 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 RWO entered a downward trend on November 15, 2024. 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 RWO's RSI Oscillator 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 is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on November 15, 2024. You may want to consider a long position or call options on RWO as a result. In of 87 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 RWO advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .

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