PCEF Stock Invesco CEF Income Composite ETF (PCEF, $19.5) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 22, 2024

GET DAILY SIGNALS

Get AI intraday signals

PCEF - Invesco CEF Income Composite ETF

MACD signal

View

Odds of UP Trend

Price: $19.5

Daily change: +$0.07 (+0.33%)

Daily volume: 174.1K

Net Assets: $812.5M

PCEF's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for PCEF turned positive on November 22, 2024. Looking at past instances where PCEF's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

PCEF moved above its 50-day moving average on November 21, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PCEF advanced for three days, in of 381 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 445 cases where PCEF 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 PCEF moved out of overbought territory on November 11, 2024. 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 51 similar instances where the indicator moved out of overbought territory. In of the 51 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 53 cases where PCEF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on November 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PCEF as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PCEF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PCEF broke above its upper Bollinger Band on November 07, 2024. 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.