SPMD SPDR® Portfolio S&P 400™ Mid Cap ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P MidCap 400 Index... Show more
SPMD in upward trend: price rose above 50-day moving average on May 02, 2025
SPMD moved above its 50-day moving average on May 02, 2025 date and that indicates a change from a downward trend to an upward trend. In of 43 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SPMD's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on SPMD 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 SPMD just turned positive on April 17, 2025. Looking at past instances where SPMD's MACD turned positive, the stock continued to rise in of 51 cases 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 SPMD advanced for three days, in of 322 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.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for SPMD moved below the 200-day moving average on April 03, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an 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 .
The Aroon Indicator for SPMD entered a downward trend on April 07, 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 MidCapBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| SCHJ | 24.58 | 0.02 | +0.08% |
| Schwab 1-5 Year Corporate Bond ETF | |||
| MOTO | 40.99 | -0.18 | -0.44% |
| SmartETFs Smart Trans & Tch ETF | |||
| GDV | 23.81 | -0.13 | -0.54% |
| Gabelli Dividend & Income Trust (The) | |||
| OVL | 43.31 | -0.27 | -0.62% |
| Overlay Shares Large Cap Equity ETF | |||
| WOMN | 37.20 | -0.25 | -0.67% |
| Impact Shares YWCA Women's Empwrmt ETF | |||
SPMD and ETFs
Correlation & Price change
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% | -0.78% | ||
| IJH - SPMD | 100% Closely correlated | -0.72% | ||
| MDY - SPMD | 100% Closely correlated | -0.73% | ||
| SCHM - SPMD | 99% Closely correlated | -0.73% | ||
| IWR - SPMD | 97% Closely correlated | -0.93% | ||
| VXF - SPMD | 97% Closely correlated | -0.94% | ||
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