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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)
Sidelines Mode (-55) - PRN 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 PRN?
MarketClub looks at technical strength and momentum to determine if the timing is right for PRN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PRN
The long-term trend has been UP since Dec 1st, 2023 at 108.761
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 135.020
The short-term trend has been UP since May 3rd, 2024 at 134.400
Smart Scan Analysis for PRN
Based on our trend formula, PRN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.780 | 134.780 | 133.950 | 134.195 | +1.935 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.280 | 6441 | 2024-05-03 15:50:20 |
| Year High | 66.55 | Year High Date | 2018-09-17 |
| Year Low | 53 | Year Low Date | 2018-10-29 |
| 52wk High | 142.46 | 52wk High Date | 2024-04-01 |
| 52wk Low | 92.825 | 52wk Low Date | 2023-05-04 |
| Average Volume | 10,455 | Shares Outstanding | 2,150 |
| Market Cap | 106M | Volatility | 28.09 |