SSUS Day Hagan/Ned Davis Rsrch Smrt Sect ETF Forecast, Technical & Fundamental Analysis

Momentum Indicator for SSUS turns positive, indicating new upward trend

SSUS saw its Momentum Indicator move above the 0 level on November 03, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 58 similar instances where the indicator turned positive. In of the 58 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for SSUS just turned positive on November 03, 2023. Looking at past instances where SSUS's MACD turned positive, the stock continued to rise in of 35 cases over the following month. The odds of a continued upward trend are .

SSUS moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SSUS crossed bullishly above the 50-day moving average on November 20, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 SSUS advanced for three days, in of 267 cases, the price rose further within the following month. The odds of a continued upward trend are .

SSUS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 247 cases where SSUS 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 Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Fundamental Analysis (Ratings)