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PPI
ETF ticker: NYSE ARCA
AS OF
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Net Assets
58.31M

PPI AXS Astoria Inflation Sensitive ETF Forecast, Technical & Fundamental Analysis

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A.I.Advisor
a Summary for PPI with price predictions
08:00 PM EDT Sep 28, 2023

PPI's Indicator enters downward trend

The Aroon Indicator for PPI entered a downward trend on August 29, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 40 similar instances where the Aroon Indicator formed such a pattern. In of the 40 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PPI as a result. In of 24 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 Moving Average Convergence Divergence Histogram (MACD) for PPI turned negative on September 11, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 13 similar instances when the indicator turned negative. In of the 13 cases the stock turned lower in the days that followed. This puts the odds of success at .

PPI moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PPI crossed bearishly below the 50-day moving average on September 19, 2023. 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 PPI 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 21 cases where PPI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 PPI advanced for three days, in of 118 cases, the price rose further within the following month. The odds of a continued upward trend are .

PPI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Chevron Corp (NYSE:CVX), BHP Group Limited (NYSE:BHP), EOG Resources (NYSE:EOG), Canadian Natural Resources Limited (NYSE:CNQ), Valero Energy Corp (NYSE:VLO), Suncor Energy (NYSE:SU), Nucor Corp (NYSE:NUE), Devon Energy Corp (NYSE:DVN), United Rentals (NYSE:URI).

Industry description

The investment seeks long-term capital appreciation in inflation-adjusted terms. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to invests principally in securities across multiple asset classes which have the potential to benefit from increases in the rate of rising costs of goods and services (i.e., inflation). These investments are expected to include equity securities of companies engaged in the energy, financials, industrial, and materials sectors, as well as investments in other ETFs that directly or indirectly invest in commodities or fixed income securities. The fund is non-diversified.

Market Cap

The average market capitalization across the AXS Astoria Inflation Sensitive ETF ETF is 37.87B. The market cap for tickers in the group ranges from 2.1B to 325.42B. CVX holds the highest valuation in this group at 325.42B. The lowest valued company is AIR at 2.1B.

High and low price notable news

The average weekly price growth across all stocks in the AXS Astoria Inflation Sensitive ETF ETF was 1%. For the same ETF, the average monthly price growth was -3%, and the average quarterly price growth was 4%. OLN experienced the highest price growth at 7%, while GLTR experienced the biggest fall at -4%.

Volume

The average weekly volume growth across all stocks in the AXS Astoria Inflation Sensitive ETF ETF was -4%. For the same stocks of the ETF, the average monthly volume growth was 43% and the average quarterly volume growth was -9%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 41
Price Growth Rating: 47
SMR Rating: 37
Profit Risk Rating: 51
Seasonality Score: 0 (-100 ... +100)
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A.I. Advisor
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PPI and

Correlation & Price change

A.I.dvisor indicates that over the last year, PPI has been loosely correlated with JRI. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if PPI jumps, then JRI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PPI
1D Price
Change %
PPI100%
-1.04%
JRI - PPI
65%
Loosely correlated
+0.57%
RLY - PPI
13%
Poorly correlated
-0.74%
ETG - PPI
12%
Poorly correlated
-0.19%
CHW - PPI
10%
Poorly correlated
-0.54%
AOA - PPI
9%
Poorly correlated
-0.28%
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