PAAA PGIM AAA CLO ETF Forecast, Technical & Fundamental Analysis
The investment seeks to maximize total return, through a combination of current income and capital appreciation... Show more
PAAA sees its Stochastic Oscillator ascending out of oversold territory
On April 15, 2025, the Stochastic Oscillator for PAAA moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 2 instances where the indicator left the oversold zone. In of the 2 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for PAAA just turned positive on April 21, 2025. Looking at past instances where PAAA's MACD turned positive, the stock continued to rise in of 16 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 PAAA advanced for three days, in of 251 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
General Information
Category UltrashortBond
PAAA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PAAA has been closely correlated with SGOV. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if PAAA jumps, then SGOV could also see price increases.
| Ticker / NAME | Correlation To PAAA | 1D Price Change % | ||
|---|---|---|---|---|
| PAAA | 100% | +0.10% | ||
| SGOV - PAAA | 86% Closely correlated | +0.01% | ||
| BIL - PAAA | 86% Closely correlated | N/A | ||
| SHV - PAAA | 85% Closely correlated | +0.01% | ||
| JPST - PAAA | 82% Closely correlated | N/A | ||
| JAAA - PAAA | 80% Closely correlated | +0.12% | ||
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