SPAX Robinson Alternative Yld Pr-Mrgr SPACETF Forecast, Technical & Fundamental Analysis

SPAX's RSI Indicator leaves overbought zone

The 10-day RSI Indicator for SPAX moved out of overbought territory on December 23, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 instances where the indicator moved out of the overbought zone. In of the 24 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 28 cases where SPAX's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 SPAX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SPAX broke above its upper Bollinger Band on December 19, 2024. 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on SPAX as a result. In of 116 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 SPAX just turned positive on January 06, 2025. Looking at past instances where SPAX's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

SPAX moved above its 50-day moving average on December 31, 2024 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 SPAX advanced for three days, in of 189 cases, the price rose further within the following month. The odds of a continued upward trend are .