PTH Stock Invesco Dorsey Wright Healthcare MomtETF (PTH, $43.73) entered Downtrend as Momentum indicator drops below 0 level on Nov 15, 2024

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PTH - Invesco Dorsey Wright Healthcare MomtETF

Momentum signal

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Odds of DOWN Trend

Price: $43.73

Daily change: -$1.69 (-3.72%)

Daily volume: 17.9K

Net Assets: $143.3M

PTH sees MACD Histogram crosses below signal line

PTH saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 15, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 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 November 15, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on PTH as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

PTH moved below its 50-day moving average on November 14, 2024 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 PTH 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.

The 10-day moving average for PTH crossed bullishly above the 50-day moving average on November 08, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

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

PTH 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 269 cases where PTH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .