Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Invesco S&P 500 BuyWrite ETF (BATS:PBP)
Sidelines Mode (+55) - PBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PBP
The long-term trend has been UP since Aug 15th, 2024 at 22.50
The intermediate-term trend has been UP since Aug 15th, 2024 at 22.39
The short-term trend has been DOWN since Sep 4th, 2024 at 22.58
Smart Scan Analysis for PBP
Based on our trend formula, PBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.4800 | 22.5700 | 22.2650 | 22.2900 | -0.2136 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.3100 | 2240 | 2024-09-06 14:07:09 |