PZT Invesco New York AMT-Free Muni Bd ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the ICE BofAML New York Long-Term Core Plus Municipal Securities Index (the "underlying index")... Show more
PZT's Indicator enters downward trend
The Aroon Indicator for PZT entered a downward trend on April 08, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 243 similar instances where the Aroon Indicator formed such a pattern. In of the 243 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PZT as a result. In of 65 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 PZT turned negative on April 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
PZT moved below its 50-day moving average on March 05, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for PZT crossed bearishly below the 50-day moving average on March 13, 2025. 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PZT 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 demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PZT advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
PZT 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 MuniNewYorkLong
PZT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PZT has been loosely correlated with NYF. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if PZT jumps, then NYF could also see price increases.