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PCY Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse PCY on March 24, 2025, netting in a 1.91% gain over 2 weeks

A.I.dvisor
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+1.91% Gain from a Successful pattern Cup-and-Handle Inverse
PCY - Invesco Emerging Markets Sov Debt ETF
Tickeron
Ticker: PCY
Company: Invesco Emerging Markets Sov Debt ETF
Gain from shorting: +1.91%
Confirmed: 03/24/25
Succeeded: 04/03/25
Total length: 15 days
On March 19, 2025, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Invesco Emerging Markets Sov Debt ETF (PCY, $20.38). 5 days later, on March 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $19.89 – resulting in a gain for traders who shorted the stock on the pattern detection date.

PCY in downward trend: price dove below 50-day moving average on April 03, 2025

PCY moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend. In of 40 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PCY as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PCY turned negative on March 06, 2025. 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 .

The 10-day moving average for PCY crossed bearishly below the 50-day moving average on April 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 .

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 .

The Aroon Indicator for PCY entered a downward trend on April 07, 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.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PCY's RSI Indicator 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 53 cases where PCY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

PCY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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General Information

Category EmergingMarketsBond

Profile
Fundamentals
Details
Category
Emerging Markets Bond
Address
PowerShares Exchange-Traded Fund Tr II301 West Roosevelt RoadWheaton
Phone
N/A
Web
www.invescopowershares.com