SPY Forecast: Insight into Bearish Trends and Prospects for Upcoming Bullish Surge.



SPY: Daily Price Analysis

Over the past 10 days, the SPDR S&P 500 ETF Trust (SPY) entered a Bearish zone, displaying a downtrend and subsequent rebound pattern. The recent three-day trend indicates a promising upward movement. In Bearish zones, rebound trends signify a temporary weakening of selling pressure and a temporary strengthening of buying interest.

This rebound pattern seems to have reached a short-term peak, indicating an imminent consolidation phase. Considering the current position within the Bearish zone, it appears that buying interest might weaken, and selling pressure could intensify, potentially leading to a re-entry into the downtrend. This scenario is expected to unfold over the next 2-3 days, within the predicted range and timeframe.

If this downward trend doesn't transition back into a Bearish zone and instead enters the Bullish zone, a bullish trend is anticipated to commence from the following week. During this upward phase, buying interest is likely to strengthen, while selling pressure might remain relatively subdued, resulting in a robust and intense upward movement. This pattern is expected to persist until mid-November.

However, post-mid-November, buying interest is anticipated to gradually weaken, possibly leading to an overall correction trend or re-entry into the Bearish zone by the end of November. Considering the daily trends, a medium-to-long-term investment strategy suggests that the upcoming 2-3 day period could be a crucial buying opportunity as the market potentially enters the Bullish zone.

Nov 01, 2023

◆ Closed price

422.66

1.07%

　

　

◆ Appropriate Investment Position: Bearish-Sell [Long-term strategy]

◆ Today's stock price Buy-Sell intensity analysis

The current trend appears to be 'Rebound trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a stronger upward rate than the current trend.

The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell.

Assuming that the average buy intensity is 100%,

Today's buy intensity is

244%

 

 

◆ Tomorrow's stock price Buy-Sell intensity Prediction

Based on recent stock trends and technical analysis, it looks like SPY stock will enter a Downtrend tomorrow

The %intensity of Risk & Return tomorrow :

-57%

HIGH ~ LOW % range tomorrow :

0.3%

-0.4%

Predicted Average loss over the next 3 days:

-0.6%

The price of SPY stock moves in line with the rise and fall of the stock market index with a probability of

97%

 

, and conversely, it moves against the stock market index trend with a probability of

3%

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

◆ SPY stock price 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 2 : 8 for the downward to upward direction, indicating a higher proportion of the upward trend. However, in terms of the expected strength of the upward and downward movements, the upward strength is higher, while the downward strength is somewhat higher. Currently, it's in the midst of a rebound trend in an upward-trending market with a box pattern of price fluctuations, marked by small declines and upward fluctuations. and The Buy-Sell intensity had a stronger buying flow than a buying flow in a bearish zone.

Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Nov 02

 

 

A good price to sell a stock:

$ 423.30

And the appropriate buying timing is predicted to be in 2 days.

 

The buying date is

Nov 02

to

Nov 03

A good price to buy a stock:

$ 419.56

(Prediction may shift due to changes in the Buy-Sell intensity)

◆ Volatility of Prediction

Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile.

◆ Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 4 days from now, 8 days from now

44%

◆ Prediction of Upper~Lower price range over the next 10 days

Price:

420.45

~

433.08

% Change:

-0.5%

~

2.5%

Median price between the upper and lower prices

426.77

1.0%

◆ Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-40%

The Current trend zone & level%

Bearish

-63%

The expected average trend zone & level% for the next 10 days

Bullish

37%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

83%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-52%

(Min -100%)

◆ Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a downtrend

-57%

0.3%

-0.4%

In 2 days: Entering a downtrend

-96%

0.1%

-0.9%

In 3 days: Entering a correction trend

52%

0.6%

-0.1%

In 4 days: Reversion to an uptrend

100%

0.9%

0.0%

In 5 days: Uptrend

91%

1.0%

0.0%

In 6 days: Uptrend

96%

0.9%

0.1%

In 7 days: Uptrend

75%

0.7%

0.0%

In 8 days: Entering a correction trend

-6%

0.5%

-0.2%

In 9 days: Correction trend

-50%

0.1%

-0.9%

In 10 days: Correction trend

-50%

0.0%

-0.7%

◆ Average closing price in case of rising:

 

0.6%

=> HIGH ~ LOW range:

0.8%

~

-0.2%

◆ Average closing price in case of falling:

 

-0.4%

=> HIGH ~ LOW range:

0.3%

~

-0.7%

The 10-day prediction and technical analysis of SPY stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

Comments

Post a Comment

Popular Posts

= Pretiming Premium =

Subscribe to Pretiming Premium Service (P retiming analysis is based on stock price data from the last 120 days / weeks. If there are not enough data, it cannot be analyzed. ) 1. Subscribe for a 25-day subscription: Daily Pretiming Analysis Report on the Stocks of Your Choice. The cost per stock is $50.   - Application form:      Symbol  or company  / Y our e-mail      ex) AAPL / e-mail    - You will receive a pretiming analysis report for your requested stock via e-mail.   -  Payment by paypal       =>  https://www.paypal.me/pretiming         Application Info: Please indicate on PayPal at checkout or let us know via e-mail(pretiming@gmail. com or Using form 'Contact Us') 2. Subscribe for a 25-week subscription: Weekly Pretiming Analysis Report for the Stocks of Your Choice and Weekly US Market Analysis. The cost per stock is $250.   -  Application form:       Symbol  or company  / Y our e-mail      ex) TSLA / e-mail    - You will receive a pretiming analysis
Read more

SMTC. Investors should take note of the bearish trend in SMTC stock, currently in a 'Sell and Observe' phase for the long-term strategy.

Image
Apr 23, 2024       SMTC stock closing price 32.6 1.78%             ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Observe.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.         In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves in
Read more

SOXL. Navigating the Bearish Zone: Strategies for Short-Term Trading in a Volatile Market.

Image
  The stock market is currently maintaining a bearish zone and showing signs of a rebound within a downtrend. The situation indicates "sustained decline (watching)" coupled with "high selling pressure." Trend-wise, there might be temporary and short-lived upticks, but the likelihood of a downturn remains high. Overall, there's strong selling sentiment, suggesting significant and sustained declines within the downtrend, while any rebounds are expected to be temporary and short-lived. In this scenario, adopting a "sell & watch" strategy is appropriate, and even if trading, it's advisable to keep holding periods short with low expected returns. Short-term overheating analysis signals a potential for a ++ uptick, but caution is advised. Apr 09, 2024       SOXL stock closing price 45.4 3.16%             ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zon
Read more

S&P 500 Investment Strategy: Navigating Bullish Trends with Buy-and-Hold and Short-Term Profit Tactics.

Image
  Mar 27, 2024       S&P 500 closing price 5,248.5 0.86%             ◆ [Long-term strategy] The current trend zone is Bullish. and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downward direction. In the Uptrend, there is a strong upward flow with occasional downward movements, while in the Correction Trend, there is a fluctuating flow involving limited or temporary downward movements and upward fluctuations. Investing in this zone is associated with high expected returns and a low risk of decline.         In a Bullish zone, the potential for strong buying pressure is maintained, leading to a robust upward trend and a relatively mild correction trend. When viewed through a medium to long-term investment approach, if the trend continues to move i
Read more

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).

Image
The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure) When entering a downward trend, it can be seen as a strong "Selling Opportunity" with higher downside risks. Even if a rebound trend occurs, the upward movement is limited and minimal, with a high likelihood of being temporary, thus increasing the probability of a sideways trend. Apr 08, 2024       MARA stock closing price 18.0 -2.60%             ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Wait.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Reb
Read more

NASDAQ. Navigating Market Dynamics: Analyzing Bearish Trends and Strategic Rebound Approaches

Image
  Overview: The current market maintains a Bearish trend, with signs of rebound within the downtrend. In this scenario, there is an overall strong selling sentiment, leading to significant and sustained declines, while during rebounds, there is a high likelihood of short-term and temporary upward movements. Strategy Proposal: A strategy of selling and observing is appropriate. Even in trading, it is advisable to have short holding periods with low expected returns. Long-Term Outlook: During the downtrend, the declines are significant and continuous. During the rebound, there is a high likelihood of short-term and temporary upward movements. Apr 05, 2024       NASDAQ closing price 16,248.5 1.24%             ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Wait.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward dire
Read more

AAPL. The weekly trend for AAPL appears to be in a bearish zone, with a downward trajectory underway. However, there are indications of a short-term entry into a rebound trend.

Image
The weekly trend for AAPL appears to be in a bearish zone, with a downward trajectory underway. However, there are indications of a short-term entry into a rebound trend. Overall, there is a strong selling sentiment, suggesting that during downward trends, the declines are significant and sustained. Even if a rebound trend occurs, it's likely to be temporary, with brief upward movements. In the medium to long term, a 'sell and observe' strategy seems appropriate, and if trading is pursued, it's advisable to keep holding periods short and expectations for returns low. Timing-wise, the current situation indicates a high likelihood of either a brief rebound trend or an immediate continuation of the downward trend. Given the expectation of further declines, it appears prudent to focus on managing downside risks. Apr 01, 2024 AAPL stock closing price 169.4 -1.24%             ◆ [Long-term strategy] The current trend zone is Bearish. and Investment p
Read more

NVDA. Weekly trend is undergoing a 'correction entry'/'correction trend', while the daily trend is progressing within the Bullish zone, hence the potential buying strength is gradually weakening or temporarily strong.

Image
Weekly trend is undergoing a 'correction entry'/'correction trend', while the daily trend is progressing within the Bullish zone, hence the potential buying strength is gradually weakening or temporarily strong. In a 'daily uptrend', one can expect temporary strong rallies, whereas in a 'daily correction trend', there's a higher likelihood of a mild downward trend (price and time adjustment). As there's a high probability of entering Bearish territory in the near future, the current upward trend within the Bullish zone is likely temporary. It's advisable to gradually reduce exposure by selling during the uptrend. Mar 27, 2024       NVDA stock closing price 902.5 -2.50%             ◆ [Long-term strategy] The current trend zone is Bullish. and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in th
Read more

S&P500. Comprehensive Analysis and Strategies for S&P 500 Investment.

Image
This analysis provides insights into the S&P 500's recent performance and offers comprehensive strategies for long-term and short-term investment. Currently situated in a Bullish trend zone, the recommended strategy is 'Buy and Hold', leveraging the anticipated high returns and low risk. Short-term strategies suggest capitalizing on the current uptrend through strategic buying and partial selling. The analysis also includes predictions for price movements, trend reversal probabilities, and intensity levels for the next 10 days, aiding investors in making informed decisions. Mar 01, 2024       S&P 500 closing price 5,137.1 0.80%             ◆ [Long-term strategy] The current trend zone is Bullish. and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downwa
Read more

BLNK. Currently, it's in the midst of a correction trend in a downward-trending market with a box pattern of price fluctuations, marked by small increases and downward fluctuations.

Image
Mar 04, 2024       BLNK stock closing price 3.0 -5.88%             ◆ [Long-term strategy] The current trend zone is Bullish. and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downward direction. In the Uptrend, there is a strong upward flow with occasional downward movements, while in the Correction Trend, there is a fluctuating flow involving limited or temporary downward movements and upward fluctuations. Investing in this zone is associated with high expected returns and a low risk of decline.         In a Bullish zone, the potential for strong buying pressure is maintained, leading to a robust upward trend and a relatively mild correction trend. When viewed through a medium to long-term investment approach, if the trend continues to move in the
Read more