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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)
Bull Market Weakness (+75) - PDP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PDP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for PDP
The long-term trend has been UP since Sep 18th, 2024 at 101.57
The intermediate-term trend has been UP since Sep 17th, 2024 at 101.42
The short-term trend has been DOWN since Oct 22nd, 2024 at 106.35
Smart Scan Analysis for PDP
Based on our trend formula, PDP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 106.08 | 106.17 | 105.54 | 106.06 | -0.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 106.83 | 9558 | 2024-10-22 15:13:13 |
| Year High | 60.23 | Year High Date | 2018-09-14 |
| Year Low | 49.4401 | Year Low Date | 2018-02-09 |
| 52wk High | 107.6 | 52wk High Date | 2024-10-17 |
| 52wk Low | 72.6822 | 52wk Low Date | 2023-10-27 |
| Average Volume | 19,766 | Shares Outstanding | 29,050 |
| Market Cap | 1,555M | Volatility | 25.63 |