PSCE Stock Invesco S&P SmallCap Energy ETF (PSCE, $52.17) entered Downtrend as Momentum indicator drops below 0 level on Nov 20, 2024

GET DAILY SIGNALS

Get AI intraday signals

PSCE - Invesco S&P SmallCap Energy ETF

Momentum signal

View

Odds of DOWN Trend

Price: $52.17

Daily change: +$0.59 (+1.14%)

Daily volume: 50.4K

Net Assets: $94.5M

PSCE saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for PSCE moved out of overbought territory on November 15, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 62 similar instances where the indicator exited the overbought zone. In of the 62 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for PSCE moved out of overbought territory on November 07, 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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

PSCE 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.

The Aroon Indicator for PSCE entered a downward trend on November 05, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 21, 2024. You may want to consider a long position or call options on PSCE as a result. In of 85 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 PSCE just turned positive on November 06, 2024. Looking at past instances where PSCE's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

PSCE moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PSCE crossed bullishly above the 50-day moving average on November 11, 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 PSCE advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .