SPLV Stock Invesco S&P 500® Low Volatility ETF (SPLV, $73.25) RSI Indicator left the overbought zone on November 12, 2024

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SPLV - Invesco S&P 500® Low Volatility ETF

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Odds of DOWN Trend

Price: $73.25

Daily change: -$0.22 (-0.3%)

Daily volume: 2M

Net Assets: $7.6B

SPLV in downward trend: price may drop because broke its higher Bollinger Band on October 14, 2024

SPLV broke above its upper Bollinger Band on October 14, 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 A.I.dvisor looked at 42 similar instances where the stock broke above the upper band. In of the 42 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for SPLV moved out of overbought territory on November 12, 2024. 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 53 similar instances where the indicator moved out of overbought territory. In of the 53 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPLV 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 Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on SPLV as a result. In of 85 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 SPLV just turned positive on November 08, 2024. Looking at past instances where SPLV's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

SPLV moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPLV advanced for three days, in of 363 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 395 cases where SPLV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .