PGJ Invesco Golden Dragon China ETF Forecast, Technical & Fundamental Analysis

PGJ's Stochastic Oscillator is staying in overbought zone for 1 day

Expect a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PGJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PGJ broke above its upper Bollinger Band on June 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 30, 2025. You may want to consider a long position or call options on PGJ as a result. In of 83 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 PGJ just turned positive on June 27, 2025. Looking at past instances where PGJ's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

PGJ moved above its 50-day moving average on June 04, 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 PGJ advanced for three days, in of 257 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 188 cases where PGJ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .