PJFG Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top on November 05, 2024

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PJFG - PGIM Jennison Focused Growth ETF

Emerged: 11/05/24

Breakout: $90.61

Price: $90.47

Target price: $87.98

PJFG sees MACD Histogram just turned negative

PJFG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 15, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 15 instances where the indicator turned negative. In of the 15 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 25 cases where PJFG's Stochastic Oscillator exited the overbought zone, the price fell further within 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 PJFG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PJFG broke above its upper Bollinger Band on November 07, 2024. 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 November 06, 2024. You may want to consider a long position or call options on PJFG as a result. In of 29 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 PJFG advanced for three days, in of 146 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 166 cases where PJFG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .