SPUU's RSI Indicator recovers from overbought zone
The 10-day RSI Indicator for SPUU moved out of overbought territory on December 09, 2024. 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 43 instances where the indicator moved out of the overbought zone. In of the 43 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 68 cases where SPUU'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 December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SPUU as a result. In of 70 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 SPUU turned negative on December 10, 2024. 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 50 similar instances when the indicator turned negative. In of the 50 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 SPUU 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
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPUU advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 433 cases where SPUU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FCIRX | 16.77 | -0.04 | -0.24% |
| NYLI PineStone International Equity Cl A | |||
| VWICX | 13.43 | -0.07 | -0.52% |
| Vanguard International Core Stock Inv | |||
| JVAQX | 39.25 | -0.31 | -0.78% |
| JPMorgan Value Advantage R4 | |||
| RYROX | 46.98 | -0.56 | -1.18% |
| Rydex Russell 2000 C | |||
| VSSVX | 13.05 | -0.16 | -1.21% |
| VALIC Company I Small Cap Special Val | |||
SPUU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPUU has been closely correlated with SPXL. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPUU jumps, then SPXL could also see price increases.
| Ticker / NAME | Correlation To SPUU | 1D Price Change % | ||
|---|---|---|---|---|
| SPUU | 100% | -0.81% | ||
| SPXL - SPUU | 98% Closely correlated | -1.33% | ||
| SSO - SPUU | 98% Closely correlated | -0.87% | ||
| QULL - SPUU | 96% Closely correlated | -0.73% | ||
| QLD - SPUU | 93% Closely correlated | -0.89% | ||
| TQQQ - SPUU | 93% Closely correlated | -1.34% | ||
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