PBJ Invesco Food & Beverage ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the Dynamic Food & Beverage IntellidexSM Index... Show more
PBJ in upward trend: price expected to rise as it breaks its lower Bollinger Band on April 04, 2025
PBJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 39 cases where PBJ's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PBJ's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on PBJ as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PBJ just turned positive on April 11, 2025. Looking at past instances where PBJ's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
PBJ moved above its 50-day moving average on April 22, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PBJ crossed bullishly above the 50-day moving average on April 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 PBJ advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for PBJ moved below the 200-day moving average on March 19, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PBJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PBJ entered a downward trend on March 24, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category ConsumerStaples
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AFGPX | 16.49 | N/A | N/A |
| Alger International Opportunities B | |||
| CMLIX | 41.67 | N/A | N/A |
| Congress Large Cap Growth Institutional | |||
| JLCYX | 62.20 | N/A | N/A |
| JHancock Fundamental Large Cap Core R2 | |||
| JSCHX | 28.59 | N/A | N/A |
| JPMorgan Small Cap Blend R6 | |||
| MKECX | 10.43 | N/A | N/A |
| BlackRock Emerging Markets Ex-China K | |||
PBJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PBJ has been closely correlated with FSTA. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if PBJ jumps, then FSTA could also see price increases.