SAA sees MACD Histogram just turned negative
SAA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on February 10, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SAA as a result. In of 88 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 SAA 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 SAA entered a downward trend on January 23, 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 Indicator entered the oversold zone -- be on the watch for SAA's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SAA advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
SAA 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 Trading
SAA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SAA has been closely correlated with SPXL. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if SAA jumps, then SPXL could also see price increases.
| Ticker / NAME | Correlation To SAA | 1D Price Change % | ||
|---|---|---|---|---|
| SAA | 100% | -5.52% | ||
| SPXL - SAA | 68% Closely correlated | -5.13% | ||
| IFED - SAA | 65% Loosely correlated | -2.23% | ||
| QULL - SAA | 60% Loosely correlated | +0.19% | ||
| MLPR - SAA | 53% Loosely correlated | -1.78% | ||
| FNGU - SAA | 46% Loosely correlated | -8.78% | ||
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