SPDW SPDR® Portfolio Developed Wld ex-US ETF Forecast, Technical & Fundamental Analysis
SPDW's RSI Indicator climbs out of oversold territory
The RSI Oscillator for SPDW moved out of oversold territory on December 23, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on SPDW as a result. In of 83 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 SPDW just turned positive on January 06, 2025. Looking at past instances where SPDW's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPDW advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where SPDW's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 50-day moving average for SPDW moved below the 200-day moving average on December 30, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPDW 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 ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| GURU | 51.34 | 0.30 | +0.59% |
| Global X Guru™ ETF | |||
| FMF | 48.10 | 0.25 | +0.52% |
| First Trust Managed Future Strategy ETF | |||
| ISCF | 32.23 | 0.13 | +0.40% |
| iShares MSCI Intl Small-Cap Mltfct ETF | |||
| EWU | 34.38 | 0.10 | +0.29% |
| iShares MSCI United Kingdom ETF | |||
| PSWD | 32.81 | -0.21 | -0.64% |
| Xtrackers Cybersecurity Select Eq ETF | |||
SPDW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPDW has been closely correlated with VEA. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPDW jumps, then VEA could also see price increases.
| Ticker / NAME | Correlation To SPDW | 1D Price Change % | ||
|---|---|---|---|---|
| SPDW | 100% | +0.46% | ||
| VEA - SPDW | 98% Closely correlated | +0.50% | ||
| DIHP - SPDW | 98% Closely correlated | +0.41% | ||
| IEFA - SPDW | 98% Closely correlated | +0.46% | ||
| EFA - SPDW | 98% Closely correlated | +0.41% | ||
| VEU - SPDW | 97% Closely correlated | +0.50% | ||
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