PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Forecast, Technical & Fundamental Analysis

PTA sees MACD Histogram just turned negative

PTA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 26, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 26 instances where the indicator turned negative. In of the 26 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 26, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PTA as a result. In of 38 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

PTA moved below its 50-day moving average on September 26, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PTA crossed bearishly below the 50-day moving average on September 27, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PTA advanced for three days, in of 166 cases, the price rose further within the following month. The odds of a continued upward trend are .

PTA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 142 cases where PTA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)