PIN sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for PIN moved below the 200-day moving average on December 31, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 06, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PIN as a result. In of 87 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 10-day moving average for PIN crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 PIN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PIN's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PIN advanced for three days, in of 356 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 387 cases where PIN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category WorldStock
PIN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PIN has been closely correlated with INDA. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if PIN jumps, then INDA could also see price increases.
| Ticker / NAME | Correlation To PIN | 1D Price Change % | ||
|---|---|---|---|---|
| PIN | 100% | +0.12% | ||
| INDA - PIN | 96% Closely correlated | +0.25% | ||
| FLIN - PIN | 96% Closely correlated | +0.27% | ||
| EPI - PIN | 95% Closely correlated | +0.27% | ||
| INDY - PIN | 93% Closely correlated | -0.16% | ||
| SMIN - PIN | 82% Closely correlated | N/A |