PVI Price Prediction, Invesco VRDO Tax-Free ETF AI Recommendations

PVI sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for PVI moved above the 200-day moving average on June 15, 2022. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 53 cases where PVI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on PVI as a result. In of 203 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PVI just turned positive on June 17, 2022. Looking at past instances where PVI's MACD turned positive, the stock continued to rise in of 104 cases over the following month. The odds of a continued upward trend are .

PVI moved above its 50-day moving average on June 17, 2022 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 PVI advanced for three days, in of 125 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 141 cases where PVI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

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

PVI broke above its upper Bollinger Band on June 17, 2022. 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.

Fundamental Analysis (Ratings)