The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, 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 SPMD advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPMD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 304 cases where SPMD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SPMD as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SPMD turned negative on December 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
SPMD moved below its 50-day moving average on December 18, 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 SPMD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Category MidCapBlend
1 Day | |||
---|---|---|---|
ETFs / NAME | Price $ | Chg $ | Chg % |
UTSL | 32.35 | 1.40 | +4.52% |
Direxion Daily Utilities Bull 3X ETF | |||
BNGE | 28.26 | 0.25 | +0.87% |
First Trust S-Network Strmng & Gmng ETF | |||
IXG | 95.61 | 0.74 | +0.78% |
iShares Global Financials ETF | |||
IBTF | 23.27 | 0.02 | +0.09% |
iShares iBonds Dec 2025 Term Tr ETF | |||
RWM | 18.90 | -0.18 | -0.94% |
ProShares Short Russell2000 |
A.I.dvisor indicates that over the last year, SPMD has been closely correlated with IJH. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPMD jumps, then IJH could also see price increases.
Ticker / NAME | Correlation To SPMD | 1D Price Change % | ||
---|---|---|---|---|
SPMD | 100% | +0.71% | ||
IJH - SPMD | 100% Closely correlated | +0.66% | ||
MDY - SPMD | 100% Closely correlated | +0.72% | ||
SCHM - SPMD | 99% Closely correlated | +0.94% | ||
IWR - SPMD | 97% Closely correlated | +1.55% | ||
VXF - SPMD | 97% Closely correlated | +1.36% | ||
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