SNPG Xtrackers S&P 500 Growth ESG ETF Forecast, Technical & Fundamental Analysis
SNPG's Stochastic Oscillator dives into oversold zone
The Stochastic Oscillator for SNPG moved into oversold territory on December 05, 2023. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.
Technical Analysis (Indicators)
Bullish Trend Analysis
SNPG moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SNPG advanced for three days, in of 59 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 75 cases where SNPG 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 10-day RSI Indicator for SNPG moved out of overbought territory on November 29, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 13 similar instances where the indicator moved out of overbought territory. In of the 13 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 04, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SNPG as a result. In of 15 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SNPG turned negative on December 04, 2023. 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 8 similar instances when the indicator turned negative. In of the 8 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SNPG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
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Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeGrowth
SNPG and
Correlation & Price change
A.I.dvisor indicates that over the last year, SNPG has been closely correlated with IVW. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNPG jumps, then IVW could also see price increases.
| Ticker / NAME | Correlation To SNPG | 1D Price Change % | ||
|---|---|---|---|---|
| SNPG | 100% | +0.32% | ||
| IVW - SNPG | 98% Closely correlated | +0.40% | ||
| IWF - SNPG | 97% Closely correlated | +0.50% | ||
| SCHG - SNPG | 97% Closely correlated | +0.46% | ||
| VUG - SNPG | 97% Closely correlated | +0.47% | ||
| QQQ - SNPG | 96% Closely correlated | +0.25% |