XES SPDR® S&P Oil & Gas Equipment&Svcs 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 oil and gas equipment and services segment of a U... Show more
Momentum Indicator for XES turns positive, indicating new upward trend
XES saw its Momentum Indicator move above the 0 level on June 03, 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 87 similar instances where the indicator turned positive. In of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
XES moved above its 50-day moving average on June 03, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for XES crossed bullishly above the 50-day moving average on June 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 XES advanced for three days, in of 338 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 257 cases where XES 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 demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 XES declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
XES broke above its upper Bollinger Band on June 06, 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 Energy
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MRJIX | 10.89 | 0.03 | +0.28% |
| Morgan Stanley Multi-Asset Real Return I | |||
| MNBWX | 20.04 | -0.22 | -1.09% |
| Manning & Napier Pro-Blend Extnd Term W | |||
| ITHTX | 53.87 | -0.75 | -1.37% |
| Hartford Capital Appreciation R5 | |||
| BNIEX | 11.44 | -0.16 | -1.38% |
| UBS International Sustainable Equity A | |||
| MUETX | 35.87 | -0.52 | -1.43% |
| MFS Blended Research Core Equity R3 | |||
XES and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XES has been closely correlated with OIH. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if XES jumps, then OIH could also see price increases.
| Ticker / NAME | Correlation To XES | 1D Price Change % | ||
|---|---|---|---|---|
| XES | 100% | +1.37% | ||
| OIH - XES | 98% Closely correlated | +1.51% | ||
| XOP - XES | 92% Closely correlated | +2.67% | ||
| FENY - XES | 91% Closely correlated | +1.80% | ||
| XLE - XES | 89% Closely correlated | +1.74% | ||
| RSPG - XES | 88% Closely correlated | +2.11% | ||
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