PLDR sees its Stochastic Oscillator recovers from oversold territory
On January 06, 2025, the Stochastic Oscillator for PLDR moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 34 instances where the indicator left the oversold zone. In of the 34 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PLDR advanced for three days, in of 253 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 January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PLDR as a result. In of 51 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 PLDR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category LargeGrowth
PLDR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PLDR has been closely correlated with SPYG. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if PLDR jumps, then SPYG could also see price increases.
| Ticker / NAME | Correlation To PLDR | 1D Price Change % | ||
|---|---|---|---|---|
| PLDR | 100% | +0.42% | ||
| SPYG - PLDR | 98% Closely correlated | +0.90% | ||
| QQEW - PLDR | 91% Closely correlated | +0.83% | ||
| VONG - PLDR | 41% Loosely correlated | +0.20% | ||
| IVW - PLDR | 8% Poorly correlated | +0.86% | ||
| IWF - PLDR | 8% Poorly correlated | +0.29% | ||
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