SETM Sprott Critical Materials 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 the Nasdaq Sprott Critical Materials Index... Show more
Momentum Indicator for SETM turns positive, indicating new upward trend
SETM saw its Momentum Indicator move above the 0 level on May 23, 2025. 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 35 similar instances where the indicator turned positive. In of the 35 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 SETM just turned positive on May 23, 2025. Looking at past instances where SETM's MACD turned positive, the stock continued to rise in of 21 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 SETM advanced for three days, in of 131 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 75 cases where SETM 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 Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SETM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SETM broke above its upper Bollinger Band on June 09, 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.
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General Information
Category NaturalResources
SETM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SETM has been closely correlated with COPX. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if SETM jumps, then COPX could also see price increases.
| Ticker / NAME | Correlation To SETM | 1D Price Change % | ||
|---|---|---|---|---|
| SETM | 100% | +0.18% | ||
| COPX - SETM | 84% Closely correlated | -1.22% | ||
| GUNR - SETM | 78% Closely correlated | +0.86% | ||
| GNR - SETM | 77% Closely correlated | +0.68% | ||
| BATT - SETM | 76% Closely correlated | -1.48% | ||
| URA - SETM | 70% Closely correlated | +0.33% | ||
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