ULST SPDR® SSgA Ultra Short Term Bond ETF Forecast, Technical & Fundamental Analysis
ULST in +0.06% Uptrend, growing for three consecutive days on January 08, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ULST advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for ULST just turned positive on January 15, 2025. Looking at past instances where ULST's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 590 cases where ULST 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 has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
General Information
Category UltrashortBond
ULST and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ULST has been closely correlated with SHV. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if ULST jumps, then SHV could also see price increases.
| Ticker / NAME | Correlation To ULST | 1D Price Change % | ||
|---|---|---|---|---|
| ULST | 100% | +0.04% | ||
| SHV - ULST | 79% Closely correlated | +0.01% | ||
| BIL - ULST | 76% Closely correlated | +0.01% | ||
| VUSB - ULST | 57% Loosely correlated | +0.04% | ||
| JPST - ULST | 44% Loosely correlated | +0.04% | ||
| MINT - ULST | 23% Poorly correlated | +0.02% | ||
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