PZA Invesco National AMT-Free Muni Bd ETF Forecast, Technical & Fundamental Analysis
PZA in downward trend: 10-day moving average crossed below 50-day moving average on December 23, 2024
The 10-day moving average for PZA crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 43 cases where PZA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PZA as a result. In of 58 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PZA turned negative on January 07, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PZA 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PZA's RSI Oscillator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that 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 PZA advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category MuniNationalLong
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| BITSX | 27.46 | 0.26 | +0.96% |
| iShares Total US Stock Market Idx Instl | |||
| RIBEX | 58.67 | 0.52 | +0.89% |
| American Funds Invmt Co of Amer R2E | |||
| LSCGX | 19.49 | 0.17 | +0.88% |
| Loomis Sayles Global Growth C | |||
| HWLIX | 42.94 | 0.19 | +0.44% |
| Hotchkis & Wiley Large Cap Fdml Value I | |||
| FGFCX | 32.27 | N/A | N/A |
| Federated Hermes International Leaders C | |||
PZA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PZA has been closely correlated with TFI. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if PZA jumps, then TFI could also see price increases.