SPYV Price Prediction, SPDR® Portfolio S&P 500 Value ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
SPYV in upward trend: price rose above 50-day moving average on May 26, 2023
SPYV moved above its 50-day moving average on May 26, 2023 date and that indicates a change from a downward trend to an upward trend. In of 42 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 26, 2023. You may want to consider a long position or call options on SPYV as a result. In of 75 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 SPYV just turned positive on June 02, 2023. Looking at past instances where SPYV's MACD turned positive, the stock continued to rise in of 48 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 SPYV advanced for three days, in of 368 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 359 cases where SPYV 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPYV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SPYV broke above its upper Bollinger Band on June 02, 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)
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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 LargeValue
SPYV and
Correlation & Price change
A.I.dvisor indicates that over the last year, SPYV has been closely correlated with IWD. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPYV jumps, then IWD could also see price increases.
| Ticker / NAME | Correlation To SPYV | 1D Price Change % | ||
|---|---|---|---|---|
| SPYV | 100% | +0.05% | ||
| IWD - SPYV | 98% Closely correlated | -0.12% | ||
| VTV - SPYV | 97% Closely correlated | -0.01% | ||
| VYM - SPYV | 96% Closely correlated | -0.18% | ||
| SCHD - SPYV | 96% Closely correlated | -0.25% | ||
| DIA - SPYV | 96% Closely correlated | +0.14% |