SPMO's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Oscillator for SPMO moved out of overbought territory on September 15, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 instances where the indicator moved out of the overbought zone. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 21, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SPMO as a result. In of 90 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 SPMO turned negative on September 19, 2023. 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 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
SPMO moved below its 50-day moving average on September 29, 2023 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 SPMO 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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPMO advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPMO 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 350 cases where SPMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeGrowth
SPMO and
Correlation & Price change
A.I.dvisor indicates that over the last year, SPMO has been closely correlated with SPYG. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPMO jumps, then SPYG could also see price increases.
| Ticker / NAME | Correlation To SPMO | 1D Price Change % | ||
|---|---|---|---|---|
| SPMO | 100% | -0.88% | ||
| SPYG - SPMO | 70% Closely correlated | -0.25% | ||
| IVW - SPMO | 57% Loosely correlated | -0.29% | ||
| IWF - SPMO | 50% Loosely correlated | -0.09% | ||
| SCHG - SPMO | 46% Loosely correlated | +0.01% | ||
| VUG - SPMO | 46% Loosely correlated | +0.10% | ||
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