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PCY Stock Invesco Emerging Markets Sov Debt ETF (PCY, $20.35) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 15, 2024

A.I.dvisor
at Tickeron.com
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PCY - Invesco Emerging Markets Sov Debt ETF
MACD signal
Bearish Trend
Odds of DOWN Trend
Tickeron
MACD signal
Price: $20.35
Daily change: -$0.06 (-0.29%)
Daily volume: 465.7K
Net Assets: $1.3B
This is a Bearish indicator signaling PCY's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where PCY's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

PCY in downward trend: 10-day moving average moved below 50-day moving average on October 21, 2024

The 10-day moving average for PCY crossed bearishly below the 50-day moving average on October 21, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where PCY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PCY turned negative on November 15, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

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

PCY broke above its upper Bollinger Band on November 08, 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.

The Aroon Indicator for PCY entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PCY's RSI Oscillator exited the oversold zone, of 32 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 November 15, 2024. You may want to consider a long position or call options on PCY as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 PCY advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

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A.I. Advisor
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General Information

Category EmergingMarketsBond

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Category
Emerging Markets Bond
Address
PowerShares Exchange-Traded Fund Tr II301 West Roosevelt RoadWheaton
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Web
www.invescopowershares.com