Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Invesco S&P 500 BuyWrite ETF (PACF:PBP)
Crossroads (+60) - PBP is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Sep 21st, 2023 at 21.52
The intermediate-term trend has been UP since Nov 14th, 2023 at 21.48
The short-term trend has been UP since Nov 24th, 2023 at 21.39
Smart Scan Analysis for PBP
Based on our trend formula, PBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22.94||Year High Date||2018-09-20|
|Year Low||19.67||Year Low Date||2018-02-09|
|52wk High||22.3869||52wk High Date||2023-07-27|
|52wk Low||19.43||52wk Low Date||2023-02-09|
|Year End Close||19.65||Average Volume||16,045|