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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM)

Long-Term Downtrend (-90) - PSDM is in a strong downtrend that is likely to continue. While PSDM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PSDM?

MarketClub looks at technical strength and momentum to determine if the timing is right for PSDM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_PSDM
Open High Low PSDM Price Change
50.8000 50.8400 50.8400 50.8400 +0.0048
Entry Signal

MarketClub’s Trade Triangles for PSDM

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 50.895

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 50.820

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 50.950

Smart Scan Analysis for PSDM

Based on our trend formula, PSDM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PSDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.8000 50.8400 50.8400 50.8400 +0.0048
Prev. Close Volume Bid Ask Time
50.8352 501 2024-12-26 11:58:25
52wk High51.652wk High Date2024-09-30
52wk Low50.0452wk Low Date2024-05-01
Average Volume8,046
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