PDBC Invesco Optm Yd Dvrs Cdty Stra No K1 ETF Forecast, Technical & Fundamental Analysis

PDBC's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for PDBC turned positive on May 06, 2025. Looking at past instances where PDBC's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 12, 2025. You may want to consider a long position or call options on PDBC 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 .

PDBC moved above its 50-day moving average on May 13, 2025 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 PDBC advanced for three days, in of 383 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.

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

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 .