SPDW SPDR® Portfolio Developed Wld ex-US ETF Forecast, Technical & Fundamental Analysis
SPDW sees MACD Histogram just turned negative
SPDW saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 17, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 43 instances where the indicator turned negative. In of the 43 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SPDW as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
SPDW moved below its 50-day moving average on December 12, 2024 date and that indicates a change from an upward trend to a 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 .
SPDW broke above its upper Bollinger Band on November 29, 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.
The Aroon Indicator for SPDW entered a downward trend on November 26, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
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 .
General Information
Category ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| EWV | 41.26 | 0.20 | +0.50% |
| ProShares UltraShort MSCI Japan | |||
| IBMP | 25.26 | N/A | -0.02% |
| iShares iBonds Dec 2027 Term Muni Bd ETF | |||
| IBHH | 23.58 | -0.01 | -0.06% |
| iShares iBonds 2028 Term HY & Inc ETF | |||
| MDYG | 91.00 | -0.98 | -1.07% |
| SPDR® S&P 400 Mid Cap Growth ETF | |||
| FLQS | 43.60 | -0.70 | -1.58% |
| Franklin US Small Cap Mltfctr Idx 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% | -0.34% | ||
| VEA - SPDW | 98% Closely correlated | -0.24% | ||
| DIHP - SPDW | 98% Closely correlated | -0.18% | ||
| IEFA - SPDW | 98% Closely correlated | -0.24% | ||
| EFA - SPDW | 98% Closely correlated | -0.16% | ||
| VEU - SPDW | 97% Closely correlated | -0.30% | ||
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