PXJ in downward trend: 10-day moving average crossed below 50-day moving average on February 21, 2025
The 10-day moving average for PXJ crossed bearishly below the 50-day moving average on February 21, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PXJ as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
PXJ moved below its 50-day moving average on February 19, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PXJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PXJ entered a downward trend on March 07, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 8 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.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 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 upward trend is expected.
PXJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Energy
PXJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PXJ has been closely correlated with OIH. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if PXJ jumps, then OIH could also see price increases.