PSMO Pacer Swan SOS Moderate (October) ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for PSMO turns positive, indicating new upward trend
PSMO saw its Momentum Indicator move above the 0 level on November 22, 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 54 similar instances where the indicator turned positive. In of the 54 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PSMO advanced for three days, in of 235 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 262 cases where PSMO 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 PSMO moved out of overbought territory on December 13, 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 33 similar instances where the indicator moved out of overbought territory. In of the 33 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 45 cases where PSMO'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 PSMO turned negative on December 13, 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 25 similar instances when the indicator turned negative. In of the 25 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PSMO broke above its upper Bollinger Band on November 29, 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 Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JHUKX | 31.23 | -0.12 | -0.38% |
| JPMorgan Emerging Markets Equity R4 | |||
| KARIX | 9.47 | -0.04 | -0.42% |
| Kayne Anderson Renewable Infras I | |||
| RLCAX | 8.57 | -0.05 | -0.58% |
| Columbia Disciplined Value A | |||
| EKBDX | 14.10 | -0.23 | -1.61% |
| Allspring Diversified Cap Bldr Adm | |||
| ANTUX | 8.12 | -0.78 | -8.72% |
| American Century Non-US IntrsVal Inv | |||
PSMO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PSMO has been closely correlated with PMAY. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSMO jumps, then PMAY could also see price increases.
| Ticker / NAME | Correlation To PSMO | 1D Price Change % | ||
|---|---|---|---|---|
| PSMO | 100% | -0.43% | ||
| PMAY - PSMO | 89% Closely correlated | +0.03% | ||
| DAUG - PSMO | 85% Closely correlated | -0.22% | ||
| FSEP - PSMO | 83% Closely correlated | -0.17% | ||
| FNOV - PSMO | 75% Closely correlated | -0.25% | ||
| NUSI - PSMO | 71% Closely correlated | N/A | ||
More | ||||