The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
PUTD 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 158 cases where PUTD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
PUTD moved below its 50-day moving average on December 27, 2024 date and that indicates a change from an upward trend to a downward trend.