abrdn Physical Platinum Shares ETF (PPLT, $84.8) entered Downtrend as Momentum indicator drops below 0 level on Apr 22, 2024

A.I.dvisor
at Tickeron.com
04/23/24
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PPLT - abrdn Physical Platinum Shares ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $84.8
Daily change: -$1.09 (-1.27%)
Daily volume: 171.8K
Net Assets: $956.9M
This indicator may be signaling that PPLT's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 96 similar cases where PPLT's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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PPLTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category CommoditiesBroadBasket

Profile
Fundamentals
Details
Category
Commodities Focused
Address
Aberdeen Standard Platinum ETF Trust712 Fifth Avenue, 49th FloorNew York
Phone
212-918-4954
Web
N/A