We Analyzed Invesco DWA Basic Materials Momentum ETF ($PYZ) – Here’s What We Found (2019-11-12)

REPORTING FOR 2019-11-12 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how PYZ has been trading over the last 2 weeks and the past day especially. On its latest session, Invesco DWA Basic Materials Momentum ETF ($PYZ) opened at 61.8683, reaching a high of 61.96 and a low of 61.69 before closing at a price of 61.96. There was a total volume of 407.

VOLUME INDICATORS FOR INVESCO DWA BASIC MATERIALS MOMENTUM ETF ($PYZ): We saw an accumulation-distribution index of 302.90805, an on-balance volume of 61.8712, chaikin money flow of 4.88877 and a force index of 0.037. There was an ease of movement rating of 0.00203, a volume-price trend of 4.07857 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR INVESCO DWA BASIC MATERIALS MOMENTUM ETF ($PYZ): We noted an average true range of 0.43804, bolinger bands of 62.03686, an upper bollinger band of 61.52434, lower bollinger band of 61.69, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 61.83943, high band keltner channel of 61.74773, low band keltner channel of 61.93113, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 61.69, a donchian channel low band of 61.69, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR INVESCO DWA BASIC MATERIALS MOMENTUM ETF ($PYZ): We calculated a Moving Average Convergence Divergence (MACD) of 0.00407, a MACD signal of 0.00226, a MACD difference of 0.00181, a fast Exponential Moving Average (EMA) indicator of 61.69, a slow Exponential Moving Average (EMA) indicator of 61.69, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.78524, a trix of 5.87637, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -3.79106, a KST Oscillator (KST) of 65.47717 and a KST Oscillator (KST Signal) of 65.47717 (leaving a KST difference of 0.7824). We also found an Ichimoku rating of 61.91415, an Ichimoku B rating of 61.91415, a Ichimoku visual trend A of 58.34215, an Ichimoku visual trend B of 58.51841, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR INVESCO DWA BASIC MATERIALS MOMENTUM ETF ($PYZ): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 95.50809, a stochastic oscillator of 294.43839, a stochastic oscillator signal of 294.43839, a Williams %R rating of 194.43839 and an awesome oscillator of -0.11732.

RETURNS FOR INVESCO DWA BASIC MATERIALS MOMENTUM ETF ($PYZ): There was a daily return of 6.54772, a daily log return of 0.2933 and a cumulative return of 0.29373.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Invesco DWA Basic Materials Momentum ETF ($PYZ)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Invesco DWA Basic Materials Momentum ETF ($PYZ) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *