Question 1

What implications does the 10-day RSI indicator have for PGRO?

Accepted Answer

The 10-day RSI Indicator for PGRO moved out of overbought territory on September 27, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In 22 of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at 67%.

Question 2

What does the Stochastic Oscillator suggest about PGRO's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

Question 3

How did PGRO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on October 04, 2024. You may want to consider a long position or call options on PGRO as a result. In 39 of 46 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 85%.

Question 4

What does MACD indicator imply for PGRO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PGRO turned negative on October 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 27 similar instances when the indicator turned negative. In 20 of the 27 cases the stock turned lower in the days that followed. This puts the odds of success at 74%.

Question 5

What is the significance of the 50-day moving average indicator for PGRO?

Accepted Answer

PGRO moved above its 50-day moving average on September 11, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for PGRO?

Accepted Answer

The 10-day moving average for PGRO crossed bullishly above the 50-day moving average on September 18, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 12 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 75%.

Question 7

What does a 3-day price advance indicate for PGRO?

Accepted Answer

Following a +0.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where PGRO advanced for three days, in 191 of 229 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.

Question 8

What does PGRO breaking above its upper Bollinger Band indicate?

Accepted Answer

PGRO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on PGRO's trend?

Accepted Answer

PGRO's Aroon Indicator triggered a bullish signal on October 04, 2024. 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 243 similar instances where the Aroon Indicator showed a similar pattern. In 209 of the 243 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 86%.

PGRO Stock Putnam Focused Large Cap Growth ETF (PGRO, $36.02) Aroon Indicator entered an Uptrend on October 04, 2024.

Aroon Indicator for PGRO shows an upward move is likely

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