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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Countertrend Up (+85) - PDP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

NASDAQ_PDP
Open High Low PDP Price Change
80.4600 80.7031 80.3400 80.7031 +0.4131
Entry Signal

MarketClub’s Trade Triangles for PDP

long term up The long-term trend has been UP since Dec 1st, 2023 at 81.8500

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2023 at 78.6801

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 80.5900

Smart Scan Analysis for PDP

Based on our trend formula, PDP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for PDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.4600 80.7031 80.3400 80.7031 +0.4131
Prev. Close Volume Bid Ask Time
80.7000 15831 2023-12-07 15:57:42
Year High60.23Year High Date2018-09-14
Year Low49.4401Year Low Date2018-02-09
52wk High82.7652wk High Date2023-07-19
52wk Low69.6952wk Low Date2022-12-22
Average Volume41,212Shares Outstanding29,050
Market Cap1,555MVolatility25.63
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