XTN Stock SPDR® S&P Transportation ETF (XTN, $91.83) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 6, 2024

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XTN - SPDR® S&P Transportation ETF

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Odds of UP Trend

Price: $91.83

Daily change: +$5.67 (+6.58%)

Daily volume: 405K

Net Assets: $214.4M

Momentum Indicator for XTN turns positive, indicating new upward trend

XTN saw its Momentum Indicator move above the 0 level on November 04, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for XTN just turned positive on November 06, 2024. Looking at past instances where XTN's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

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 317 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 267 cases where XTN 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 RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

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 05, 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.