PKB Stock Invesco Building & Construction ETF (PKB, $70) entered Downtrend as Momentum indicator drops below 0 level on Jun 13, 2024

A.I.dvisor
at Tickeron.com
06/14/24
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PKB - Invesco Building & Construction ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $70
Daily change: -$0.1 (-0.14%)
Daily volume: 15.3K
Net Assets: $296.1M
This indicator may be signaling that PKB's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 98 similar cases where PKB's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

Category Industrials

Profile
Fundamentals
Details
Category
Industrials
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com