+Compare
SPYI
ETF ticker: BATS
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
485.62M

SPYI NEOS S&P 500(R) High Income ETF Forecast, Technical & Fundamental Analysis

Category LargeBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for SPYI with price predictions
07:00 PM EST Dec 07, 2023

SPYI in upward trend: price rose above 50-day moving average on November 10, 2023

SPYI moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend. In of 8 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on SPYI as a result. In of 18 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 10-day moving average for SPYI crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 SPYI advanced for three days, in of 77 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 99 cases where SPYI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 13 cases where SPYI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for SPYI turned negative on December 06, 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 10 similar instances when the indicator turned negative. In of the 10 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 SPYI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SPYI broke above its upper Bollinger Band on December 08, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Eli Lilly & Co (NASDAQ:LLY), VISA (NASDAQ:V).

Industry description

The investment seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation in rising markets. The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the S&P 500® Index and a call options strategy, which consists of a mix of written (sold) call options and long (bought) call options on the S&P 500® Index. Under certain circumstances, the call options strategy may include transactions with covered call options.

Market Cap

The average market capitalization across the NEOS S&P 500(R) High Income ETF ETF is 103.79B. The market cap for tickers in the group ranges from 2.92B to 2.96T. AAPL holds the highest valuation in this group at 2.96T. The lowest valued company is OGN at 2.92B.

High and low price notable news

The average weekly price growth across all stocks in the NEOS S&P 500(R) High Income ETF ETF was 0%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 3%. CCL experienced the highest price growth at 15%, while ALK experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the NEOS S&P 500(R) High Income ETF ETF was -9%. For the same stocks of the ETF, the average monthly volume growth was -1% and the average quarterly volume growth was 2%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 50
Price Growth Rating: 40
SMR Rating: 51
Profit Risk Rating: 46
Seasonality Score: 15 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Large Blend
Address
SHP ETF Trust2434 ELLIS STREET SUITE 804
Phone
9144435008
Web
N/A
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
FDNRX122.850.60
+0.49%
Franklin DynaTech R
BRWSX18.700.09
+0.48%
MFS Blended Research Growth Eq R2
OPMCX17.840.08
+0.45%
Invesco Main Street Mid Cap C
AWPRX17.240.02
+0.12%
AB Sustainable Intl Thematic R
ARAOX10.00N/A
N/A
Aristotle/Saul Global Eq A

SPYI and

Correlation & Price change

A.I.dvisor indicates that over the last year, SPYI has been closely correlated with IVV. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPYI jumps, then IVV could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SPYI
1D Price
Change %
SPYI100%
+0.31%
IVV - SPYI
85%
Closely correlated
+0.43%
SPY - SPYI
85%
Closely correlated
+0.43%
VOO - SPYI
85%
Closely correlated
+0.43%
VTI - SPYI
84%
Closely correlated
+0.48%
VIG - SPYI
80%
Closely correlated
+0.22%