PTEC sees its Stochastic Oscillator ascends from oversold territory
On January 07, 2025, the Stochastic Oscillator for PTEC moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 17 instances where the indicator left the oversold zone. In of the 17 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on PTEC as a result. In of 26 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day moving average for PTEC crossed bearishly below the 50-day moving average on December 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 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 .
General Information
Category MiscellaneousSector
PTEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PTEC has been closely correlated with XT. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if PTEC jumps, then XT could also see price increases.
| Ticker / NAME | Correlation To PTEC | 1D Price Change % | ||
|---|---|---|---|---|
| PTEC | 100% | N/A | ||
| XT - PTEC | 85% Closely correlated | +0.35% | ||
| GRID - PTEC | 77% Closely correlated | +0.99% | ||
| BOTZ - PTEC | 76% Closely correlated | +1.18% | ||
| QCLN - PTEC | 70% Closely correlated | -2.76% | ||
| ICLN - PTEC | 67% Closely correlated | -2.56% | ||
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