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PGF Stock Invesco Financial Preferred ETF (PGF, $15.66) RSI Indicator left the overbought zone on September 30, 2024

A.I.dvisor
at Tickeron.com
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PGF - Invesco Financial Preferred ETF
RSI signal
Bearish Trend
Odds of DOWN Trend
Tickeron
RSI signal
Price: $15.66
Daily change: -$0.17 (-1.07%)
Daily volume: 229.9K
Net Assets: $962M
This is a signal that PGF's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 36 similar cases where PGF's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:

PGF sees MACD Histogram crosses below signal line

PGF saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 12, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PGF as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 PGF 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 PGF entered a downward trend on December 19, 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 PGF's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PGF advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .

PGF 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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PGF
Daily Signalchanged days ago
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A.I. Advisor
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General Information

Category RetirementIncome

Profile
Fundamentals
Details
Category
Preferred Stock
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com