SPD Simplify US Equity PLUS Dwnsd Cnvxty ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for SPD turns positive, indicating new upward trend
SPD saw its Momentum Indicator move above the 0 level on November 29, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 62 similar instances where the indicator turned positive. In of the 62 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPD advanced for three days, in of 270 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 286 cases where SPD 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 SPD moved out of overbought territory on December 05, 2024. 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 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 48 cases where SPD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SPD turned negative on December 12, 2024. 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 49 similar instances when the indicator turned negative. In of the 49 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 SPD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JNBCX | 9.96 | -0.03 | -0.30% |
| JPMorgan Income Builder C | |||
| JAAGX | 86.55 | -0.54 | -0.62% |
| Janus Henderson VIT Enterprise Instl | |||
| BAQAX | 12.02 | -0.09 | -0.74% |
| Brown Advisory Emgerg Mkts Select Adv | |||
| NEEGX | 63.96 | -0.52 | -0.81% |
| Needham Growth Retail | |||
| PZIIX | 11.97 | -0.16 | -1.32% |
| Pzena International Small Cap Value Ins | |||
SPD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPD has been closely correlated with BKLC. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPD jumps, then BKLC could also see price increases.
| Ticker / NAME | Correlation To SPD | 1D Price Change % | ||
|---|---|---|---|---|
| SPD | 100% | -0.32% | ||
| BKLC - SPD | 88% Closely correlated | -0.40% | ||
| DFAU - SPD | 87% Closely correlated | -0.56% | ||
| JUST - SPD | 86% Closely correlated | -0.58% | ||
| STRV - SPD | 86% Closely correlated | -0.38% | ||
| RECS - SPD | 85% Closely correlated | -0.33% | ||
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