The RSI Indicator for SSPX moved into overbought territory on December 17, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 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 SSPX advanced for three days, in of 213 cases, the price rose further within the following month. The odds of a continued upward trend are .
SSPX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SSPX as a result. In of 43 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 SSPX 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 28 similar instances when the indicator turned negative. In of the 28 cases the stock turned lower in the days that followed. This puts the odds of success at .
SSPX moved below its 50-day moving average on December 16, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SSPX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Category LargeGrowth
A.I.dvisor indicates that over the last year, SSPX has been closely correlated with SPYG. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if SSPX jumps, then SPYG could also see price increases.
Ticker / NAME | Correlation To SSPX | 1D Price Change % | ||
---|---|---|---|---|
SSPX | 100% | -1.08% | ||
SPYG - SSPX | 96% Closely correlated | -0.36% | ||
QQEW - SSPX | 91% Closely correlated | -0.44% | ||
VONG - SSPX | 86% Closely correlated | -0.33% | ||
SCHG - SSPX | 86% Closely correlated | -0.45% | ||
QQQM - SSPX | 82% Closely correlated | -0.42% | ||
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