PPIE Putnam PanAgora ESG Intl Eq ETF Forecast, Technical & Fundamental Analysis

PPIE in upward trend: price rose above 50-day moving average on January 21, 2025

PPIE moved above its 50-day moving average on January 21, 2025 date and that indicates a change from a downward trend to an upward trend. In of 17 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 15, 2025. You may want to consider a long position or call options on PPIE as a result. In of 27 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PPIE just turned positive on January 15, 2025. Looking at past instances where PPIE's MACD turned positive, the stock continued to rise in of 18 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for PPIE crossed bullishly above the 50-day moving average on January 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 PPIE advanced for three days, in of 129 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 117 cases where PPIE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PPIE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PPIE broke above its upper Bollinger Band on February 18, 2025. 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.