PAB PGIM Active Aggregate Bond ETF Forecast, Technical & Fundamental Analysis
PAB in -0.50% downward trend, falling for three consecutive days on January 07, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where PAB declined for three days, in of 225 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day moving average for PAB crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 9 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
General Information
Category IntermediateTermBond
PAB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PAB has been closely correlated with SCHZ. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if PAB jumps, then SCHZ could also see price increases.
| Ticker / NAME | Correlation To PAB | 1D Price Change % | ||
|---|---|---|---|---|
| PAB | 100% | -0.10% | ||
| SCHZ - PAB | 99% Closely correlated | N/A | ||
| AGG - PAB | 94% Closely correlated | N/A | ||
| BND - PAB | 94% Closely correlated | +0.03% | ||
| SPAB - PAB | 94% Closely correlated | +0.04% | ||
| BIV - PAB | 94% Closely correlated | -0.04% |