SPLB SPDR® Portfolio Long Term Corp Bd ETF Forecast, Technical & Fundamental Analysis
SPLB's RSI Oscillator sits in oversold zone for 1 day
It is expected that a price bounce should occur soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPLB advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPLB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SPLB entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LongTermBond
SPLB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPLB has been closely correlated with VCLT. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPLB jumps, then VCLT could also see price increases.
| Ticker / NAME | Correlation To SPLB | 1D Price Change % | ||
|---|---|---|---|---|
| SPLB | 100% | -0.40% | ||
| VCLT - SPLB | 100% Closely correlated | -0.49% | ||
| IGLB - SPLB | 100% Closely correlated | -0.48% | ||
| BLV - SPLB | 99% Closely correlated | -0.42% | ||
| ILTB - SPLB | 98% Closely correlated | -0.37% | ||
| BAB - SPLB | 90% Closely correlated | -0.27% | ||
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