PTNQ Stock Summary and Trading Ideas (Pacer Trendpilot 100 ETF | BATS:PTNQ)

The Pacer Trendpilot 100 ETF is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer NASDAQ-100 Trendpilot Index. When the NASDAQ-100 Total Return Index SM closes above its 200 business day simple moving average (SMA) for five consecutive business days, the exposure of the Index will be 100% to the NASDAQ-100 Index. When the NASDAQ-100 Total Return IndexSM closes below its SMA for five consecutive business days, the exposure of the Index will be 50% to the NASDAQ-100 Index and 50% to 3-Month US Treasury Bills. When the NASDAQ-100 Total Return s 200-business day moving average closes lower than its value from five business days earlier, the exposure of the Index will be 100% to 3-Month US Treasury bills. Once the T-Bill Indicator has been triggered, the Index will not return to its 50/50 position unless the Equity Indicator is first triggered, followed by the 50/50 Indicator being triggered.

Pacer Trendpilot 100 ETF trades on the BATS stock market under the symbol PTNQ.

As of December 13, 2024, PTNQ stock price climbed to $77.01 with 21,528 million shares trading.

PTNQ has a beta of 0.78, meaning it tends to be less sensitive to market movements. PTNQ has a correlation of 0.87 to the broad based SPY ETF.

PTNQ has a market cap of $1.40 billion. This is considered a Small Cap stock.

In the last 3 years, PTNQ traded as high as $77.29 and as low as $48.19.

PTNQ has underperformed the market in the last year with a return of +19.3%, while the SPY ETF gained +31.7%. In the last 3 month period, PTNQ fell short of the market, returning +7.3%, while SPY returned +8.4%. However, in the most recent 2 weeks PTNQ has outperformed the stock market by returning +2.8%, while SPY returned +0.9%.

PTNQ support price is $76.39 and resistance is $77.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PTNQ shares will trade within this expected range on the day.