SPRX in +6.11% Uptrend, advancing for three consecutive days on January 06, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SPRX advanced for three days, in of 236 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 152 cases where SPRX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 42 cases where SPRX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SPRX as a result. In of 53 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 SPRX turned negative on January 08, 2025. 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 32 similar instances when the indicator turned negative. In of the 32 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPRX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SPRX broke above its upper Bollinger Band on January 06, 2025. 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.
General Information
Category Technology
SPRX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPRX has been closely correlated with CHAT. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPRX jumps, then CHAT could also see price increases.
| Ticker / NAME | Correlation To SPRX | 1D Price Change % | ||
|---|---|---|---|---|
| SPRX | 100% | +1.06% | ||
| CHAT - SPRX | 86% Closely correlated | +1.61% | ||
| VGT - SPRX | 85% Closely correlated | +1.51% | ||
| CIBR - SPRX | 84% Closely correlated | +0.05% | ||
| IYW - SPRX | 83% Closely correlated | +1.61% | ||
| XLK - SPRX | 80% Closely correlated | +1.57% | ||
More | ||||