PALC Pacer Lunt Large Cap Mlt Ftr Alt ETF Forecast, Technical & Fundamental Analysis
PALC's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for PALC turned positive on November 02, 2023. Looking at past instances where PALC's MACD turned positive, the stock continued to rise in of 34 cases over 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 November 02, 2023. You may want to consider a long position or call options on PALC as a result. In of 56 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
PALC moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PALC crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 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 PALC advanced for three days, in of 242 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 203 cases where PALC 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 10-day RSI Indicator for PALC moved out of overbought territory on December 04, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 20 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PALC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RMLPX | 20.59 | N/A | N/A |
| Recurrent MLP & Infrastructure Class I | |||
| TIBAX | 23.11 | -0.04 | -0.17% |
| Thornburg Investment Income Builder A | |||
| RPXIX | 23.35 | -0.08 | -0.34% |
| RiverPark Large Growth Institutional | |||
| CDWEX | 9.92 | -0.08 | -0.80% |
| American Funds Dvlpg Wld Gr&Inc 529E | |||
| CIGCX | 14.94 | -0.17 | -1.13% |
| Calamos International Growth C | |||
PALC and
Correlation & Price change
A.I.dvisor indicates that over the last year, PALC has been closely correlated with SPY. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if PALC jumps, then SPY could also see price increases.
| Ticker / NAME | Correlation To PALC | 1D Price Change % | ||
|---|---|---|---|---|
| PALC | 100% | -0.42% | ||
| SPY - PALC | 83% Closely correlated | -0.52% | ||
| VOO - PALC | 83% Closely correlated | -0.50% | ||
| IVV - PALC | 83% Closely correlated | -0.49% | ||
| VTI - PALC | 83% Closely correlated | -0.36% | ||
| VIG - PALC | 77% Closely correlated | -0.10% |