Held17 days
Entry$14.31Close$14.41PnL+0.73%
90%
confidence
Angle Stochastic %K crossed above %D from oversold, flagging early buyer pressure after a hard gap-down washout.
PDI’s stochastic turn from oversold gives this setup a clean technical pivot after sellers pushed the fund down to $14.25. The gap-down pressure and deeply washed-out momentum leave room for a short mean-reversion trade if price starts holding above the recent low instead of extending the breakdown.
AI Status: PDI closed with a +0.73% gain after our exit signal ended a seventeen-day mean-reversion attempt that peaked early then faded.
The position entered near 14.30 and exited at 14.41 for a realized +0.73%, well below the +2.94% maximum favorable excursion and after giving back roughly 2.14% from peak while drawdown reached about 3.98%. Short-term momentum had improved with MACD above signal and a rising histogram, but the broader downtrend remained intact with price still far below the 200-day average and lower highs on the structure. The trade ran its course without sustained follow-through above the recent swing area.
