SPTL Stock SPDR® Portfolio Long Term Treasury ETF (SPTL, $26.97) Stochastic Oscillator left the overbought zone on November 12, 2024

GET DAILY SIGNALS

Get AI intraday signals

SPTL - SPDR® Portfolio Long Term Treasury ETF

Stochastic signal

View

Odds of DOWN Trend

Price: $26.97

Daily change: -$0.38 (-1.39%)

Daily volume: 13.4M

Net Assets: $10.8B

SPTL's Indicator enters downward trend

The Aroon Indicator for SPTL entered a downward trend on November 15, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 250 similar instances where the Aroon Indicator formed such a pattern. In of the 250 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SPTL as a result. In of 99 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPTL 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SPTL's RSI Indicator exited the oversold zone, of 39 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for SPTL just turned positive on November 04, 2024. Looking at past instances where SPTL's MACD turned positive, the stock continued to rise in of 45 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 SPTL advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .

SPTL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.