PSMR in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 20, 2024
PSMR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 27 cases where PSMR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Aroon Indicator entered an Uptrend today. In of 308 cases where PSMR 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 PSMR moved out of overbought territory on December 17, 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 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 20, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PSMR as a result. In of 56 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PSMR turned negative on December 12, 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 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LOMGX | 32.59 | 0.74 | +2.32% |
| Lord Abbett Growth Opportunities F3 | |||
| CSVRX | 42.65 | 0.45 | +1.07% |
| Columbia Small Cap Value I R | |||
| OTGAX | 7.69 | 0.04 | +0.52% |
| OTG Latin America A Shares | |||
| NCAVX | 12.32 | 0.06 | +0.49% |
| Nuance Concentrated Value Investor | |||
| FIIIX | 19.95 | -0.10 | -0.50% |
| Fidelity Advisor International Growth I | |||
PSMR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PSMR has been closely correlated with PMAY. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSMR jumps, then PMAY could also see price increases.
| Ticker / NAME | Correlation To PSMR | 1D Price Change % | ||
|---|---|---|---|---|
| PSMR | 100% | -0.65% | ||
| PMAY - PSMR | 96% Closely correlated | +0.48% | ||
| PAPR - PSMR | 92% Closely correlated | +0.69% | ||
| FMAR - PSMR | 92% Closely correlated | +0.82% | ||
| PNOV - PSMR | 92% Closely correlated | +0.61% | ||
| FFEB - PSMR | 91% Closely correlated | +0.61% | ||
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