Aroon Indicator for PROM.X shows an upward move is likely
PROM.X's Aroon Indicator triggered a bullish signal on November 17, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 10 similar instances where the Aroon Indicator showed a similar pattern. In of the 10 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 26, 2023. You may want to consider a long position or call options on PROM.X as a result. In of 31 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 PROM.X just turned positive on November 28, 2023. Looking at past instances where PROM.X's MACD turned positive, the stock continued to rise in of 10 cases over the following month. The odds of a continued upward trend are .
PROM.X moved above its 50-day moving average on November 22, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PROM.X advanced for three days, in of 57 cases, the price rose further within the following month. The odds of a continued upward trend are .
PROM.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PROM.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| LOPP | 23.96 | N/A | -0.01% |
| Gabelli Love Our Planet & People ETF | |||
| VDE | 118.41 | -0.83 | -0.70% |
| Vanguard Energy ETF | |||
| NHS | 7.51 | -0.08 | -1.05% |
| Neuberger Berman High Yield Strategies Fund | |||
| NIE | 20.70 | -0.26 | -1.24% |
| Virtus Equity & Convertible Income Fund | |||
| CHAU | 14.37 | -0.30 | -2.05% |
| Direxion Dly CSI 300 CHN A Shr Bl 2X ETF | |||
PROM.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, PROM.X has been loosely correlated with FOR.X. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if PROM.X jumps, then FOR.X could also see price increases.
| Ticker / NAME | Correlation To PROM.X | 1D Price Change % | ||
|---|---|---|---|---|
| PROM.X | 100% | +1.03% | ||
| FOR.X - PROM.X | 48% Loosely correlated | -0.92% | ||
| AGIX.X - PROM.X | 45% Loosely correlated | -1.08% | ||
| DAR.X - PROM.X | 44% Loosely correlated | +4.95% | ||
| BEL.X - PROM.X | 44% Loosely correlated | +1.67% | ||
| NMR.X - PROM.X | 44% Loosely correlated | -0.08% | ||
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