SPFF Stock Global X SuperIncome™ Preferred ETF (SPFF, $9.66) RSI Indicator left the oversold zone on November 04, 2024

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SPFF - Global X SuperIncome™ Preferred ETF

RSI signal

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Odds of UP Trend

Price: $9.66

Daily change: +$0.11 (+1.1%)

Daily volume: 34.2K

Net Assets: $150.4M

SPFF's RSI Oscillator climbs out of oversold territory

The RSI Oscillator for SPFF moved out of oversold territory on November 04, 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 34 similar instances when the indicator left oversold territory. In of the 34 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 November 05, 2024. You may want to consider a long position or call options on SPFF as a result. In of 87 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 SPFF just turned positive on November 07, 2024. Looking at past instances where SPFF's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

SPFF moved above its 50-day moving average on November 04, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SPFF crossed bullishly above the 50-day moving average on November 08, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPFF advanced for three days, in of 329 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 352 cases where SPFF 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where SPFF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPFF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SPFF broke above its upper Bollinger Band on November 08, 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.