SMHB's RSI Indicator recovers from oversold territory
The RSI Oscillator for SMHB moved out of oversold territory on April 11, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In of the 22 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on SMHB as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SMHB just turned positive on April 22, 2025. Looking at past instances where SMHB's MACD turned positive, the stock continued to rise in of 41 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 SMHB advanced for three days, in of 284 cases, the price rose further within the following month. The odds of a continued upward trend are .
SMHB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SMHB 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 SMHB entered a downward trend on April 21, 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.
General Information
Category Trading
SMHB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SMHB has been loosely correlated with SSO. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if SMHB jumps, then SSO could also see price increases.
| Ticker / NAME | Correlation To SMHB | 1D Price Change % | ||
|---|---|---|---|---|
| SMHB | 100% | +0.56% | ||
| SSO - SMHB | 46% Loosely correlated | +3.16% | ||
| SPXL - SMHB | 46% Loosely correlated | +4.90% | ||
| MLPR - SMHB | 40% Loosely correlated | +0.81% | ||
| IFED - SMHB | 35% Loosely correlated | N/A | ||
| TSLL - SMHB | 35% Loosely correlated | +10.96% | ||
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