PPLT Stock abrdn Physical Platinum Shares ETF (PPLT, $89.62) entered Downtrend as Momentum indicator drops below 0 level on Feb 20, 2025

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PPLT - abrdn Physical Platinum Shares ETF

Momentum signal

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Odds of DOWN Trend

Price: $89.62

Daily change: +$0.22 (+0.25%)

Daily volume: 104K

Net Assets: $1B

PPLT's RSI Indicator peaks and leaves overbought zone

The 10-day RSI Oscillator for PPLT moved out of overbought territory on February 07, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 instances where the indicator moved out of the overbought zone. In of the 26 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PPLT as a result. In of 97 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 PPLT turned negative on February 19, 2025. 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

PPLT broke above its upper Bollinger Band on February 06, 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

PPLT 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.

The 10-day moving average for PPLT crossed bullishly above the 50-day moving average on January 17, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 PPLT advanced for three days, in of 283 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 194 cases where PPLT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .