SPDN in downward trend: price expected to drop as it breaks its higher Bollinger Band on April 03, 2025
SPDN broke above its upper Bollinger Band on April 03, 2025. 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. The A.I.dvisor looked at 39 similar instances where the stock broke above the upper band. In of the 39 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for SPDN moved out of overbought territory on April 09, 2025. 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 24 similar instances where the indicator moved out of overbought territory. In of the 24 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 April 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SPDN as a result. In of 70 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 SPDN turned negative on April 14, 2025. 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 50 similar instances when the indicator turned negative. In of the 50 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 SPDN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where SPDN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The 50-day moving average for SPDN moved above the 200-day moving average on April 03, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPDN advanced for three days, in of 249 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 117 cases where SPDN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Trading
SPDN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPDN has been closely correlated with SPXS. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPDN jumps, then SPXS could also see price increases.
| Ticker / NAME | Correlation To SPDN | 1D Price Change % | ||
|---|---|---|---|---|
| SPDN | 100% | -1.65% | ||
| SPXS - SPDN | 99% Closely correlated | -4.84% | ||
| SDS - SPDN | 98% Closely correlated | -3.22% | ||
| SH - SPDN | 97% Closely correlated | -1.56% | ||
| SQQQ - SPDN | 93% Closely correlated | -6.58% | ||
| TZA - SPDN | 71% Closely correlated | -4.16% | ||
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