PGX Invesco Preferred ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the ICE BofA Core Plus Fixed Rate Preferred Securities Index... Show more
PGX saw its Stochastic Oscillator peaks and leaves the overbought zone
The Stochastic Oscillator for PGX moved out of overbought territory on June 10, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 55 similar instances where the indicator exited the overbought zone. In of the 55 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PGX 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 Momentum Indicator moved above the 0 level on June 04, 2025. You may want to consider a long position or call options on PGX as a result. In of 81 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 PGX just turned positive on May 30, 2025. Looking at past instances where PGX's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
PGX moved above its 50-day moving average on June 03, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PGX crossed bullishly above the 50-day moving average on June 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 PGX advanced for three days, in of 318 cases, the price rose further within the following month. The odds of a continued upward trend are .
PGX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 301 cases where PGX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category RetirementIncome
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RWMBX | 60.60 | -0.63 | -1.03% |
| American Funds Washington Mutual R2 | |||
| JACDX | 10.35 | -0.15 | -1.43% |
| JHancock Global Environmental Opps R6 | |||
| MPSIX | 21.26 | -0.34 | -1.57% |
| Principal MidCap S&P 400 Index Inst | |||
| MSCDX | 17.47 | -0.32 | -1.80% |
| MassMutual Small Cap Opps R5 | |||
| ESPNX | 36.65 | -0.72 | -1.93% |
| Allspring Special Small Cap Value Inst | |||
PGX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PGX has been closely correlated with PFF. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if PGX jumps, then PFF could also see price increases.
| Ticker / NAME | Correlation To PGX | 1D Price Change % | ||
|---|---|---|---|---|
| PGX | 100% | -0.36% | ||
| PFF - PGX | 96% Closely correlated | -0.59% | ||
| PGF - PGX | 95% Closely correlated | -0.29% | ||
| PSK - PGX | 94% Closely correlated | -0.35% | ||
| PFFD - PGX | 92% Closely correlated | -0.59% | ||
| EPRF - PGX | 90% Closely correlated | -0.71% | ||
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