Momentum Indicator for SAA turns positive, indicating new upward trend
SAA saw its Momentum Indicator move above the 0 level on June 05, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned positive. In of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SAA just turned positive on June 09, 2025. Looking at past instances where SAA's MACD turned positive, the stock continued to rise in of 46 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 SAA advanced for three days, in of 313 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 250 cases where SAA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 .
SAA broke above its upper Bollinger Band on June 09, 2025. 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.
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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 83% 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% | -2.01% | ||
| SPXL - SAA | 83% Closely correlated | +0.17% | ||
| IFED - SAA | 65% Loosely correlated | N/A | ||
| QULL - SAA | 60% Loosely correlated | N/A | ||
| MLPR - SAA | 53% Loosely correlated | -2.17% | ||
| TSLL - SAA | 53% Loosely correlated | -7.64% | ||
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