PSK SPDR® ICE Preferred Securities ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index... Show more
Momentum Indicator for PSK turns positive, indicating new upward trend
PSK saw its Momentum Indicator move above the 0 level on February 21, 2025. 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 76 similar instances where the indicator turned positive. In of the 76 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 PSK just turned positive on February 13, 2025. Looking at past instances where PSK'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 .
PSK moved above its 50-day moving average on February 13, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PSK crossed bullishly above the 50-day moving average on February 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 PSK advanced for three days, in of 368 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for PSK moved below the 200-day moving average on February 07, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PSK broke above its upper Bollinger Band on February 25, 2025. 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 % |
| OSPPX | 7.15 | 0.20 | +2.88% |
| Invesco SteelPath MLP Alpha Plus R6 | |||
| JHQTX | 19.32 | 0.31 | +1.63% |
| JPMorgan Hedged Equity 3 I | |||
| PEQSX | 36.29 | 0.48 | +1.34% |
| Putnam Large Cap Value R6 | |||
| ALSRX | 15.61 | 0.19 | +1.23% |
| Alger Small Cap Growth Institutional I | |||
| RYTFX | 7.86 | 0.03 | +0.38% |
| Royce Small-Cap Total Return Svc | |||
PSK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PSK has been closely correlated with PFF. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSK jumps, then PFF could also see price increases.
| Ticker / NAME | Correlation To PSK | 1D Price Change % | ||
|---|---|---|---|---|
| PSK | 100% | +0.12% | ||
| PFF - PSK | 95% Closely correlated | +0.38% | ||
| PFFD - PSK | 95% Closely correlated | +0.30% | ||
| PGX - PSK | 94% Closely correlated | +0.34% | ||
| PFXF - PSK | 91% Closely correlated | +0.29% | ||
| FPE - PSK | 76% Closely correlated | +0.22% | ||
More | ||||