XME SPDR® S&P Metals and Mining ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U... Show more
XME's Stochastic Oscillator is staying in overbought zone for 2 days
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
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 .
The Aroon Indicator for XME entered a downward trend on March 19, 2025. 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 points to a transition from a downward trend to an upward trend -- in cases where XME's RSI Indicator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 17, 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 .
The Moving Average Convergence Divergence (MACD) for XME just turned positive on April 15, 2025. Looking at past instances where XME's MACD turned positive, the stock continued to rise in of 50 cases 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 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
XME may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category NaturalResources
XME and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XME has been closely correlated with GNR. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if XME jumps, then GNR could also see price increases.