PP's RSI Oscillator recovers from oversold territory
The RSI Indicator for PP moved out of oversold territory on January 03, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 11 similar instances when the indicator left oversold territory. In of the 11 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
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 PP advanced for three days, in of 138 cases, the price rose further within the following month. The odds of a continued upward trend are .
PP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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 PP as a result. In of 28 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 PP 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 5 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 PP 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 PP entered a downward trend on January 08, 2025. 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 Technology
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CCQYX | 15.23 | 0.19 | +1.26% |
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| NFEAX | 17.22 | 0.19 | +1.12% |
| Columbia Large Cap Growth Opp A | |||
| NCAVX | 12.45 | 0.05 | +0.40% |
| Nuance Concentrated Value Investor | |||
| RYYCX | 171.18 | 0.42 | +0.25% |
| Rydex S&P SmallCap 600 Pure Value C | |||
| MDSPX | 28.33 | N/A | N/A |
| BlackRock Advantage SMID Cap Inv A | |||
PP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PP has been closely correlated with VGT. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if PP jumps, then VGT could also see price increases.