SPBO SPDR® Portfolio Corporate Bond ETF Forecast, Technical & Fundamental Analysis

SPBO in upward trend: 10-day moving average crossed above 50-day moving average on May 29, 2025

The 10-day moving average for SPBO crossed bullishly above the 50-day moving average on May 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 27, 2025. You may want to consider a long position or call options on SPBO as a result. In of 84 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 SPBO just turned positive on May 27, 2025. Looking at past instances where SPBO's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

SPBO moved above its 50-day moving average on May 27, 2025 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 SPBO advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .

SPBO 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 demonstrated that the ticker has stayed in the overbought zone for 5 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 SPBO 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 SPBO entered a downward trend on June 03, 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.