PDBC Invesco Optm Yd Dvrs Cdty Stra No K1 ETF Forecast, Technical & Fundamental Analysis
The investment seeks long term capital appreciation... Show more
PDBC in downward trend: price dove below 50-day moving average on June 04, 2025
PDBC moved below its 50-day moving average on June 04, 2025 date and that indicates a change from an upward trend to a downward trend. In of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Momentum Indicator moved below the 0 level on June 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PDBC as a result. In of 80 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 50-day moving average for PDBC moved below the 200-day moving average on May 12, 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 PDBC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for PDBC just turned positive on June 03, 2025. Looking at past instances where PDBC's MACD turned positive, the stock continued to rise in of 47 cases 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 PDBC advanced for three days, in of 380 cases, the price rose further within the following month. The odds of a continued upward trend are .
PDBC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 302 cases where PDBC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category CommoditiesBroadBasket
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| PXH | 22.70 | 0.20 | +0.89% |
| Invesco RAFI Emerging Markets ETF | |||
| HFGO | 23.58 | 0.20 | +0.84% |
| Hartford Large Cap Growth ETF | |||
| HYXU | 53.26 | 0.20 | +0.39% |
| iShares International High Yield Bd ETF | |||
| TVE | 23.09 | 0.02 | +0.09% |
| Tennessee Valley Authority Power Bonds 1999 Series A due May 1 2029 | |||
| DDM | 91.26 | -0.57 | -0.62% |
| ProShares Ultra Dow30 | |||
PDBC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PDBC has been closely correlated with DBC. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if PDBC jumps, then DBC could also see price increases.
| Ticker / NAME | Correlation To PDBC | 1D Price Change % | ||
|---|---|---|---|---|
| PDBC | 100% | -0.47% | ||
| DBC - PDBC | 99% Closely correlated | -0.37% | ||
| COMT - PDBC | 97% Closely correlated | -0.20% | ||
| GSG - PDBC | 96% Closely correlated | -0.28% | ||
| CCRV - PDBC | 92% Closely correlated | -0.51% | ||
| DCMT - PDBC | 92% Closely correlated | +0.18% | ||
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