The RSI Oscillator for SPY moved out of oversold territory on May 13, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 20 similar instances when the indicator left oversold territory. In 18 of the 20 cases the stock moved higher. This puts the odds of a move higher at 90%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend.
of 38 cases where SPY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .The Momentum Indicator moved above the 0 level on May 25, 2022. You may want to consider a long position or call options on SPY as a result. In
of 67 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 SPY just turned positive on May 24, 2022. Looking at past instances where SPY's MACD turned positive, the stock continued to rise in
of 54 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 SPY advanced for three days, in of 389 cases, the price rose further within the following month. The odds of a continued upward trend are .SPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
SPY moved below its 50-day moving average on April 21, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SPY crossed bearishly below the 50-day moving average on April 25, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In
of 13 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 SPY declined for three days, the price rose further in
of 62 cases within the following month. The odds of a continued downward trend are .The Aroon Indicator for SPY entered a downward trend on May 26, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Category LargeBlend
1 Day | |||
---|---|---|---|
ETFs / NAME | Price $ | Chg $ | Chg % |
ISHP | 24.58 | 0.98 | +4.14% |
First Trust S-Network Glb E-Com ETF | |||
XOP | 151.01 | 3.37 | +2.28% |
SPDR® S&P Oil & Gas Explor & Prodtn ETF | |||
EVX | 140.66 | 2.35 | +1.70% |
VanEck Environmental Svcs ETF | |||
NRO | 4.55 | 0.07 | +1.56% |
Neuberger Berman Real Estate Sec Income Fund | |||
NID | 13.57 | 0.12 | +0.89% |
NUVEEN INTERMEDIATE DURATION Municipal TERM FUND |
A.I.dvisor indicates that over the last year, SPY has been closely correlated with SPLG. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPY jumps, then SPLG could also see price increases.
Ticker / NAME | Correlation To SPY | 1D Price Change % |
---|---|---|
SPY | 100% | +2.00% |
SPLG - SPY | 100% Closely correlated | +1.97% |
IVV - SPY | 100% Closely correlated | +1.96% |
VOO - SPY | 100% Closely correlated | +1.99% |
SPTM - SPY | 100% Closely correlated | +2.02% |
ESGU - SPY | 100% Closely correlated | +2.09% |
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