PWB sees MACD Histogram crosses below signal line
PWB saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 10, 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 10-day RSI Indicator for PWB moved out of overbought territory on December 09, 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 47 similar instances where the indicator moved out of overbought territory. In of the 47 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PWB 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 Momentum Indicator moved above the 0 level on November 29, 2024. You may want to consider a long position or call options on PWB as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 PWB advanced for three days, in of 382 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 409 cases where PWB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeGrowth
PWB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PWB has been closely correlated with SPYG. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if PWB jumps, then SPYG could also see price increases.
| Ticker / NAME | Correlation To PWB | 1D Price Change % | ||
|---|---|---|---|---|
| PWB | 100% | -0.67% | ||
| SPYG - PWB | 97% Closely correlated | -0.36% | ||
| SCHG - PWB | 93% Closely correlated | -0.45% | ||
| IWF - PWB | 93% Closely correlated | -0.34% | ||
| VUG - PWB | 93% Closely correlated | -0.28% | ||
| QQQM - PWB | 93% Closely correlated | -0.42% | ||
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