SPSK SP Funds Dow Jones Global Sukuk ETF Forecast, Technical & Fundamental Analysis

SPSK sees its Stochastic Oscillator ascending out of oversold territory

On January 17, 2025, the Stochastic Oscillator for SPSK moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 52 instances where the indicator left the oversold zone. In of the 52 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 21, 2025. You may want to consider a long position or call options on SPSK as a result. In of 112 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 SPSK just turned positive on January 21, 2025. Looking at past instances where SPSK's MACD turned positive, the stock continued to rise in of 59 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

SPSK moved below its 50-day moving average on January 29, 2025 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 SPSK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .