PFRL PGIM Floating Rate Income ETF Forecast, Technical & Fundamental Analysis

PFRL in upward trend: price expected to rise as it breaks its lower Bollinger Band on April 02, 2025

PFRL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 9 cases where PFRL's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PFRL's RSI Indicator exited the oversold zone, of 5 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 April 21, 2025. You may want to consider a long position or call options on PFRL as a result. In of 28 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PFRL just turned positive on April 16, 2025. Looking at past instances where PFRL's MACD turned positive, the stock continued to rise in of 18 cases over the following month. The odds of a continued upward trend are .

PFRL moved above its 50-day moving average on May 02, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PFRL crossed bullishly above the 50-day moving average on May 07, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 PFRL advanced for three days, in of 236 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PFRL 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 PFRL 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.