PNOV Innovator US Equity Power Buffer ETF Nov Forecast, Technical & Fundamental Analysis
The investment seeks to provide investors with returns that match the price return of the SPDR® S&P 500® ETF Trust... Show more
PNOV in -0.26% downward trend, falling for three consecutive days on January 30, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where PNOV declined for three days, in of 206 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for PNOV turned negative on January 15, 2026. 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 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 22, 2026. You may want to consider a long position or call options on PNOV as a result. In of 79 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 PNOV advanced for three days, in of 380 cases, the price rose further within the following month. The odds of a continued upward trend are .
PNOV 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 520 cases where PNOV 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
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PNOV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PNOV has been closely correlated with UNOV. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if PNOV jumps, then UNOV could also see price increases.
| Ticker / NAME | Correlation To PNOV | 1D Price Change % | ||
|---|---|---|---|---|
| PNOV | 100% | -0.46% | ||
| UNOV - PNOV | 98% Closely correlated | -0.65% | ||
| GSEP - PNOV | 97% Closely correlated | -0.33% | ||
| GOCT - PNOV | 97% Closely correlated | -0.45% | ||
| XBOC - PNOV | 97% Closely correlated | -0.55% | ||
| JULT - PNOV | 97% Closely correlated | -0.37% | ||
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