+Compare
PGRO
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
43.22M

PGRO Price Prediction, Putnam Focused Large Cap Growth ETF AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for PGRO with price predictions
07:00 PM EST Nov 26, 2023

Aroon Indicator for PGRO shows an upward move is likely

PGRO's Aroon Indicator triggered a bullish signal on November 27, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 146 similar instances where the Aroon Indicator showed a similar pattern. In of the 146 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on PGRO as a result. In of 33 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 PGRO just turned positive on November 02, 2023. Looking at past instances where PGRO's MACD turned positive, the stock continued to rise in of 17 cases over the following month. The odds of a continued upward trend are .

PGRO moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PGRO crossed bullishly above the 50-day moving average on November 09, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 PGRO advanced for three days, in of 156 cases, the price rose further within the following month. The odds of a continued upward trend are .

PGRO 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 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 PGRO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V), Broadcom (NASDAQ:AVGO).

Industry description

The investment seeks capital appreciation. The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Under normal circumstances, it invests at least 80% of the fund’s net assets in companies of a size similar to those in the Russell 1000 Growth Index. The fund’s investment manager, Putnam Investment Management, LLC (Putnam Management) may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. It is non-diversified.

Market Cap

The average market capitalization across the Putnam Focused Large Cap Growth ETF ETF is 433.77B. The market cap for tickers in the group ranges from 20.18B to 2.95T. AAPL holds the highest valuation in this group at 2.95T. The lowest valued company is LYV at 20.18B.

High and low price notable news

The average weekly price growth across all stocks in the Putnam Focused Large Cap Growth ETF ETF was -0%. For the same ETF, the average monthly price growth was 14%, and the average quarterly price growth was 13%. DXCM experienced the highest price growth at 5%, while AVGO experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the Putnam Focused Large Cap Growth ETF ETF was -9%. For the same stocks of the ETF, the average monthly volume growth was -23% and the average quarterly volume growth was -45%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 76
P/E Growth Rating: 48
Price Growth Rating: 30
SMR Rating: 42
Profit Risk Rating: 33
Seasonality Score: -14 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category LargeGrowth

Profile
Fundamentals
Details
Category
Large Growth
Address
Putnam ETF Trus100 FEDERAL STREET
Phone
6177601060
Web
N/A
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
GGLCX10.500.02
+0.19%
Gabelli International Small Cap C
VECRX18.57N/A
N/A
Virtus KAR Equity Income R6
FATIX104.91-0.02
-0.02%
Fidelity Advisor® Technology I
QLSGX21.71-0.04
-0.18%
Federated Hermes MDT Small Cap Growth R6
TOECX30.54-0.08
-0.26%
Touchstone Mid Cap Growth C

PGRO and

Correlation & Price change

A.I.dvisor indicates that over the last year, PGRO has been closely correlated with SPYG. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if PGRO jumps, then SPYG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PGRO
1D Price
Change %
PGRO100%
+0.03%
SPYG - PGRO
99%
Closely correlated
-0.13%
IVW - PGRO
-1%
Poorly correlated
-0.14%
IWF - PGRO
-1%
Poorly correlated
-0.12%
SCHG - PGRO
-2%
Poorly correlated
-0.09%
VUG - PGRO
-2%
Poorly correlated
-0.07%
More