Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Invesco DWA Energy Momentum ETF (NASDAQ:PXI)
Bear Market Rally (-75) - PXI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PXI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PXI?
MarketClub looks at technical strength and momentum to determine if the timing is right for PXI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PXI
The long-term trend has been DOWN since Jan 3rd, 2023 at 40.80
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 42.90
The short-term trend has been UP since Mar 21st, 2023 at 37.69
Smart Scan Analysis for PXI
Based on our trend formula, PXI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||46.64||Year High Date||2018-05-22|
|Year Low||32.47||Year Low Date||2018-11-23|
|52wk High||53.05||52wk High Date||2022-06-08|
|52wk Low||33.65||52wk Low Date||2022-07-06|
|Average Volume||108,678||Shares Outstanding||2,650|