XME SPDR® S&P Metals and Mining ETF Forecast, Technical & Fundamental Analysis

XME saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for XME moved out of overbought territory on February 19, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 68 similar instances where the indicator exited the overbought zone. In of the 68 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 50-day moving average for XME moved below the 200-day moving average on February 05, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

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

XME broke above its upper Bollinger Band on February 10, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 10, 2025. You may want to consider a long position or call options on XME as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

XME moved above its 50-day moving average on February 10, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for XME crossed bullishly above the 50-day moving average on February 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 XME advanced for three days, in of 345 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 310 cases where XME Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .