SUSA in downward trend: 10-day moving average broke below 50-day moving average on September 15, 2023
The 10-day moving average for SUSA crossed bearishly below the 50-day moving average on September 15, 2023. 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 .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SUSA as a result. In of 70 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 SUSA turned negative on September 15, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
SUSA moved below its 50-day moving average on September 15, 2023 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 SUSA 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 SUSA entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 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 SUSA advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .
SUSA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Notable companies
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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| NVDL | 80.34 | -0.93 | -1.14% |
| GraniteShares ETF Trust GraniteShares 1.5x Long NVDA Daily ETF | |||
| JCTR | 57.98 | -0.78 | -1.33% |
| JPMorgan Carbon Transition US Eq ETF | |||
| IYG | 154.54 | -2.36 | -1.51% |
| iShares US Financial Services ETF | |||
| CMU | 3.15 | -0.06 | -1.87% |
| MFS High Yield Municipal Trust | |||
| LGH | 37.21 | -0.75 | -1.98% |
| HCM Defender 500 Index ETF | |||
SUSA and
Correlation & Price change
A.I.dvisor indicates that over the last year, SUSA has been closely correlated with IVV. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if SUSA jumps, then IVV could also see price increases.
| Ticker / NAME | Correlation To SUSA | 1D Price Change % | ||
|---|---|---|---|---|
| SUSA | 100% | -1.35% | ||
| IVV - SUSA | 99% Closely correlated | -1.46% | ||
| SPY - SUSA | 99% Closely correlated | -1.47% | ||
| VTI - SUSA | 99% Closely correlated | -1.44% | ||
| VOO - SUSA | 99% Closely correlated | -1.47% | ||
| VIG - SUSA | 96% Closely correlated | -1.44% |