PSCC Stock Invesco S&P SmallCap Consumer Stapl ETF (PSCC, $38.51) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 6, 2024

GET DAILY SIGNALS

Get AI intraday signals

PSCC - Invesco S&P SmallCap Consumer Stapl ETF

MACD signal

View

Odds of UP Trend

Price: $38.51

Daily change: +$1.07 (+2.86%)

Daily volume: 9.9K

Net Assets: $52.8M

Momentum Indicator for PSCC turns positive, indicating new upward trend

PSCC saw its Momentum Indicator move above the 0 level on November 05, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned positive. In of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for PSCC just turned positive on November 06, 2024. Looking at past instances where PSCC's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

PSCC moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PSCC crossed bullishly above the 50-day moving average on November 07, 2024. 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 PSCC advanced for three days, in of 317 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 297 cases where PSCC 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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

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

PSCC broke above its upper Bollinger Band on November 06, 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.