PTF Stock Invesco Dorsey Wright Technology MomtETF (PTF, $72.1) entered Downtrend as Momentum indicator drops below 0 level on Feb 19, 2025

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PTF - Invesco Dorsey Wright Technology MomtETF

Momentum signal

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Odds of DOWN Trend

Price: $72.1

Daily change: -$0.98 (-1.34%)

Daily volume: 43.9K

Net Assets: $573.4M

PTF sees MACD Histogram just turned negative

PTF saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on February 19, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In of the 44 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 February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PTF as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

PTF moved below its 50-day moving average on February 14, 2025 date and that indicates a change from an upward trend to a downward trend.

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

The Aroon Indicator for PTF entered a downward trend on January 16, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PTF advanced for three days, in of 345 cases, the price rose further within the following month. The odds of a continued upward trend are .

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