SPXT's Indicator enters downward trend
The Aroon Indicator for SPXT entered a downward trend on August 31, 2023. 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 117 similar instances where the Aroon Indicator formed such a pattern. In of the 117 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 September 21, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SPXT as a result. In of 68 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 SPXT turned negative on September 20, 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 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 .
SPXT moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SPXT crossed bearishly below the 50-day moving average on September 15, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 SPXT 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 Indicator entered the oversold zone -- be on the watch for SPXT's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
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 SPXT advanced for three days, in of 355 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPXT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| OBIOX | 16.16 | N/A | N/A |
| Oberweis International Opportunities | |||
| JCNCX | 22.15 | N/A | N/A |
| Janus Henderson Contrarian C | |||
| JHISX | 9.23 | N/A | N/A |
| Janus Henderson VIT Global Sust Eq Ins | |||
| WFDAX | 21.43 | -0.04 | -0.19% |
| Allspring Discovery SMID Cap Gr A | |||
| FNRAX | 31.82 | -0.48 | -1.49% |
| Franklin Natural Resources Adv | |||
SPXT and
Correlation & Price change
A.I.dvisor tells us that SPXT and VIG have been poorly correlated (+-10% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that SPXT and VIG's prices will move in lockstep.
| Ticker / NAME | Correlation To SPXT | 1D Price Change % | ||
|---|---|---|---|---|
| SPXT | 100% | -0.47% | ||
| VIG - SPXT | -10% Poorly correlated | -0.46% | ||
| VOO - SPXT | -11% Poorly correlated | -0.24% | ||
| IVV - SPXT | -11% Poorly correlated | -0.22% | ||
| SPY - SPXT | -11% Poorly correlated | -0.24% | ||
| VTI - SPXT | -12% Poorly correlated | -0.29% |