SPDR(R) S&P(R) TRANSPORTATION SPDR(R) ETF Forecast

$83.92
+1.37 (+1.66%)
At Close: Mar 27, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Green day on Wednesday for SPDR(R) S&P(R) TRANSPORTATION SPDR(R)
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 Gain 1.66% PDF

The SPDR(R) S&P(R) TRANSPORTATION SPDR(R) ETF price gained 1.66% on the last trading day (Wednesday, 27th Mar 2024), rising from $82.55 to $83.92. During the last trading day the ETF fluctuated 1.35% from a day low at $82.80 to a day high of $83.92. The price has been going up and down for this period, and there has been a 2.17% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 596 more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately $304.21 thousand.

The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 2.46% during the next 3 months and, with a 90% probability hold a price between $80.26 and $87.50 at the end of this 3-month period.

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XTN Signals & Forecast

The SPDR(R) S&P(R) TRANSPORTATION SPDR(R) ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $82.25 and $82.39. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 5.57%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). SPDR(R) S&P(R) TRANSPORTATION SPDR(R) has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for SPDR(R) S&P(R) TRANSPORTATION SPDR(R) ETF

SPDR(R) S&P(R) TRANSPORTATION SPDR(R) finds support from accumulated volume at $83.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $1.12 between high and low, or 1.35%. For the last week the ETF has had daily average volatility of 0.93%.

Our recommended stop-loss: $80.13 (-4.51%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (XTN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF to open at $83.55, and during the day (based on 14 day Average True Range), to move between $82.88 and $84.96, which gives a possible trading interval of +/-$1.04 (+/-1.24%) up or down from last closing price. If SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF takes out the full calculated possible swing range there will be an estimated 2.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $83.49 (0.51%) than the resistance at $84.45 (0.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF A Buy?

SPDR(R) S&P(R) TRANSPORTATION SPDR(R) holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.307 Hold/Accumulate Unchanged

Predicted Opening Price for SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$83.55 ( 0.445%) $83.92

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for XTN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 84.67 0.89 %
R2 84.24 0.380 %
R1 83.97 0.0650 %
Current price: 83.92
Support S1 83.12 -0.95 %
S2 82.85 -1.27 %
S3 82.43 -1.78 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 84.54 0.739 %
R1 84.45 0.632 %
Current price 83.92
Support S1 83.49 -0.512%
S2 83.05 -1.04%
S3 82.55 -1.63%

XTN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 21, 2024 $0.204 0.246%
2 Dec 18, 2023 Dec 18, 2023 Dec 18, 2023 $0.135 0.163%
3 Jan 26, 2023 Sep 18, 2023 Sep 21, 2023 $0.187 0.248%
4 Jan 26, 2023 Jun 20, 2023 Jun 23, 2023 $0.118 0.150%
5 Jan 26, 2023 Mar 20, 2023 Mar 23, 2023 $0.173 0.253%

FAQ

What is the symbol for SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF and on which exchange is it traded?
The symbol for SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF is XTN and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF?
SPDR(R) S&P(R) TRANSPORTATION SPDR(R) holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF?
SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF.

What's the current price of SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF?
As of the end of day on the 2024-03-27, the price of an SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF (XTN) share was $83.92.

What is the 52-week high and low for SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF?
The 52-week high for SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF is $88.14 and the 52-week low is $66.75.

What is the market capitalization of SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF ETF?
As of the 2024-03-27, the market capitalization of SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF is 194.724M.
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About SPDR(R) S&P(R) TRANSPORTATION ETF SPDR(R) S&P(R) TRANSPORTATION ETF

XTN was created on 01/26/11 by State Street Global Advisors. The ETF tracks a broad-based, equal-weighted index of U.S. stocks in the transportation industry.... XTN Profile

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