PREF Principal Spectrum Pref Secs Actv ETF Forecast, Technical & Fundamental Analysis
PREF in +0.11% Uptrend, growing for three consecutive days on December 10, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PREF advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 437 cases where PREF 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 10-day RSI Indicator for PREF moved out of overbought territory on December 17, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 49 similar instances where the indicator moved out of overbought territory. In of the 49 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 43 cases where PREF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PREF turned negative on December 17, 2024. 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 37 similar instances when the indicator turned negative. In of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at .
PREF broke above its upper Bollinger Band on December 02, 2024. 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.
General Information
Category RetirementIncome
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TPLGX | 84.57 | -0.21 | -0.25% |
| T. Rowe Price Instl Large Cap Core Gr | |||
| FSPSX | 50.08 | -0.15 | -0.30% |
| Fidelity International Index | |||
| EKSYX | 5.95 | -0.02 | -0.34% |
| Allspring Diversified Income Bldr Inst | |||
| TRASX | 15.56 | -0.11 | -0.70% |
| T. Rowe Price Asia Opportunities I | |||
| AVCNX | 17.70 | -0.23 | -1.28% |
| Avantis® U.S. Small Cap Value G | |||
PREF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PREF has been loosely correlated with VRP. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if PREF jumps, then VRP could also see price increases.
| Ticker / NAME | Correlation To PREF | 1D Price Change % | ||
|---|---|---|---|---|
| PREF | 100% | -0.21% | ||
| VRP - PREF | 61% Loosely correlated | +0.08% | ||
| FPE - PREF | 55% Loosely correlated | -0.06% | ||
| PFF - PREF | 53% Loosely correlated | -0.09% | ||
| PFXF - PREF | 53% Loosely correlated | -0.22% | ||
| PGX - PREF | 51% Loosely correlated | +0.09% | ||
More | ||||