XTN Stock SPDR® S&P Transportation ETF (XTN, $90.52) entered Downtrend as Momentum indicator drops below 0 level on Nov 20, 2024

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XTN - SPDR® S&P Transportation ETF

Momentum signal

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Odds of DOWN Trend

Price: $90.52

Daily change: +$0.03 (+0.03%)

Daily volume: 25.2K

Net Assets: $263.2M

XTN's RSI Indicator leaves overbought zone

The 10-day RSI Indicator for XTN moved out of overbought territory on November 15, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 instances where the indicator moved out of the overbought zone. In of the 36 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 73 cases where XTN's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on November 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XTN as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for XTN turned negative on November 20, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

XTN broke above its upper Bollinger Band on November 11, 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 50-day moving average for XTN moved above the 200-day moving average on October 21, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XTN advanced for three days, in of 319 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 269 cases where XTN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .