JHPI JHancock Preferred Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks a high level of current income, consistent with preservation of capital... Show more
JHPI in upward trend: price rose above 50-day moving average on May 09, 2025
JHPI moved above its 50-day moving average on May 09, 2025 date and that indicates a change from a downward trend to an upward trend. In of 23 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 03, 2025. You may want to consider a long position or call options on JHPI as a result. In of 50 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for JHPI crossed bullishly above the 50-day moving average on May 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 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 JHPI advanced for three days, in of 248 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 226 cases where JHPI 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 2 days. Expect a price pull-back in the near future.
JHPI broke above its upper Bollinger Band on May 13, 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.
Advertisement
General Information
Category RetirementIncome
JHPI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, JHPI has been closely correlated with PFFD. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if JHPI jumps, then PFFD could also see price increases.
| Ticker / NAME | Correlation To JHPI | 1D Price Change % | ||
|---|---|---|---|---|
| JHPI | 100% | +0.29% | ||
| PFFD - JHPI | 71% Closely correlated | +0.38% | ||
| PFF - JHPI | 70% Closely correlated | +0.33% | ||
| PGX - JHPI | 70% Closely correlated | +0.45% | ||
| PFXF - JHPI | 68% Closely correlated | +0.12% | ||
| FPE - JHPI | 67% Closely correlated | +0.23% | ||
More | ||||