TSPY TappAlpha SPY Growth & Daily Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks current income while maintaining prospects for capital appreciation and to seek exposure to the performance of the SPDR S&P 500 ETF Trust (“SPY”), subject to a limit on potential investment gains... Show more
TSPY in upward trend: price rose above 50-day moving average on May 07, 2025
TSPY moved above its 50-day moving average on May 07, 2025 date and that indicates a change from a downward trend to an upward trend. In of 3 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 April 25, 2025. You may want to consider a long position or call options on TSPY as a result. In of 10 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 TSPY just turned positive on April 23, 2025. Looking at past instances where TSPY's MACD turned positive, the stock continued to rise in of 4 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for TSPY crossed bullishly above the 50-day moving average on May 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 1 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 TSPY advanced for three days, in of 45 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 21 cases where TSPY 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 10-day RSI Indicator for TSPY moved out of overbought territory on May 21, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 7 similar instances where the indicator moved out of overbought territory. In of the 7 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 7 cases where TSPY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TSPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TSPY broke above its upper Bollinger Band on May 12, 2025. 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.
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