PGX in upward trend: price may jump up because it broke its lower Bollinger Band on December 12, 2024
PGX 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 41 cases where PGX'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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 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 PGX advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 PGX as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PGX turned negative on December 12, 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 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
PGX moved below its 50-day moving average on November 11, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PGX 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 PGX entered a downward trend on December 17, 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.
General Information
Category RetirementIncome
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CFSMX | 15.23 | 0.07 | +0.48% |
| Clarkston Partners Founders | |||
| TBLTX | 13.60 | -0.02 | -0.15% |
| Transamerica Balanced II I3 | |||
| FAFGX | 84.59 | -0.42 | -0.49% |
| American Funds Growth Fund of Amer 529F2 | |||
| FREIX | 34.69 | -0.24 | -0.69% |
| Franklin Equity Income R | |||
| FTVNX | 34.73 | -0.27 | -0.77% |
| FullerThaler Behav Md-Cp Val Investor | |||
PGX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PGX has been closely correlated with PGF. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if PGX jumps, then PGF could also see price increases.
| Ticker / NAME | Correlation To PGX | 1D Price Change % | ||
|---|---|---|---|---|
| PGX | 100% | +0.09% | ||
| PGF - PGX | 96% Closely correlated | +0.13% | ||
| PFF - PGX | 95% Closely correlated | -0.09% | ||
| PSK - PGX | 95% Closely correlated | +0.21% | ||
| PFFD - PGX | 94% Closely correlated | +0.15% | ||
| PFXF - PGX | 90% Closely correlated | -0.22% | ||
More | ||||