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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Long-Term Uptrend (+90) - PDP is in a strong uptrend that is likely to continue. While PDP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
98.6700 99.4101 98.6700 99.0500 +0.0400
Entry Signal

MarketClub’s Trade Triangles for PDP

long term up The long-term trend has been UP since Dec 1st, 2023 at 81.85

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2024 at 98.83

short term up The short-term trend has been UP since Jul 23rd, 2024 at 99.39

Smart Scan Analysis for PDP

Based on our trend formula, PDP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for PDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
98.6700 99.4101 98.6700 99.0500 +0.0400
Prev. Close Volume Bid Ask Time
98.9500 12829 2024-07-23 15:51:39
Year High60.23Year High Date2018-09-14
Year Low49.4401Year Low Date2018-02-09
52wk High101.65552wk High Date2024-07-16
52wk Low72.682252wk Low Date2023-10-27
Average Volume13,766Shares Outstanding29,050
Market Cap1,555MVolatility25.63
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