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 in +0.15% Uptrend, rising for three consecutive days on June 02, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PAAA advanced for three days, in of 264 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 11 cases where PAAA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
PAAA broke above its upper Bollinger Band on May 30, 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 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% | N/A | ||
| SGOV - PAAA | 86% Closely correlated | +0.01% | ||
| BIL - PAAA | 86% Closely correlated | +0.01% | ||
| SHV - PAAA | 85% Closely correlated | +0.03% | ||
| JPST - PAAA | 82% Closely correlated | -0.06% | ||
| JAAA - PAAA | 79% Closely correlated | -0.08% | ||
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