PUTD Cboe(R) Validus S&P 500(R) Dyn PtwIdxETF Forecast, Technical & Fundamental Analysis
PUTD's RSI Oscillator stays in oversold zone for 7 days
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.
Technical Analysis (Indicators)
Bullish Trend Analysis
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 .
Bearish Trend Analysis
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.
General Information
Category LargeBlend
PUTD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PUTD has been closely correlated with JUST. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if PUTD jumps, then JUST could also see price increases.
| Ticker / NAME | Correlation To PUTD | 1D Price Change % | ||
|---|---|---|---|---|
| PUTD | 100% | +0.23% | ||
| JUST - PUTD | 88% Closely correlated | +0.61% | ||
| BKLC - PUTD | 88% Closely correlated | +0.58% | ||
| STRV - PUTD | 87% Closely correlated | +0.54% | ||
| DFAU - PUTD | 87% Closely correlated | +0.50% | ||
| RECS - PUTD | 85% Closely correlated | +0.56% | ||
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