XHE Stock SPDR® S&P Health Care Equipment ETF (XHE, $88.94) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 15, 2024

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XHE - SPDR® S&P Health Care Equipment ETF

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Odds of DOWN Trend

Price: $88.94

Daily change: -$0.26 (-0.29%)

Daily volume: 2.6K

Net Assets: $214.2M

XHE sees MACD Histogram just turned negative

XHE saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 15, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 45 instances where the indicator turned negative. In of the 45 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for XHE moved out of overbought territory on November 12, 2024. 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 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where XHE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

XHE broke above its upper Bollinger Band on November 04, 2024. 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on October 31, 2024. You may want to consider a long position or call options on XHE as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

XHE moved above its 50-day moving average on November 01, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for XHE crossed bullishly above the 50-day moving average on November 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 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 XHE advanced for three days, in of 334 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 295 cases where XHE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .