SDY Stock SPDR® S&P Dividend ETF (SDY, $130.74) RSI Indicator left the oversold zone on January 06, 2025

GET DAILY SIGNALS

Get AI intraday signals

SDY - SPDR® S&P Dividend ETF

RSI signal

View

Odds of UP Trend

Price: $130.74

Daily change: -$1.11 (-0.84%)

Daily volume: 439K

Net Assets: $20.1B

SDY's RSI Indicator is remaining in oversold zone for 2 days

It is expected that a price bounce should occur soon.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SDY advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SDY 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 SDY entered a downward trend on January 08, 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.