PVAL Stock Putnam Focused Large Cap Value ETF (PVAL, $39.17) entered Uptrend as Momentum indicator ascends above 0 level on Nov 06, 2024

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PVAL - Putnam Focused Large Cap Value ETF

Momentum signal

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Odds of UP Trend

Price: $39.17

Daily change: +$1.13 (+2.97%)

Daily volume: 306.9K

Net Assets: $1.3B

PVAL's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for PVAL turned positive on November 06, 2024. Looking at past instances where PVAL's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on PVAL as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

PVAL moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PVAL advanced for three days, in of 257 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 285 cases where PVAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for PVAL moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 similar instances where the indicator moved out of overbought territory. In of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 49 cases where PVAL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

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

PVAL broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.