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Invesco Dorsey Wright Industrials Momentum ETF

PRN Technical Analysis Summary (NASDAQ)

Analyze PRN on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PRN●NASDAQ
Financial ServicesAsset Management
$207.60
$0.79(0.38%)
U.S. Market opens in 13h 39m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PRN Technical Analysis Summary (NASDAQ)

Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ: PRN) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.51)
Trend Strength:Moderate (ADX: 25.74)
Volatility:Medium (ATR: 7.30)
Support/Resistance:$202.76 – $233.74 (Bollinger Bands)

Technical conditions suggest Invesco Dorsey Wright Industrials Momentum ETF on the NASDAQ is awaiting a decisive move. Technical conditions suggest Invesco Dorsey Wright Industrials Momentum ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 38.51

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 5.94

Bullish
Oversold zone signals rebound potential.

Williams %R: -93.41

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.89

Strongly Bearish
Sharp downside momentum.

Takeaway:Invesco Dorsey Wright Industrials Momentum ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -3.79

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.74

Moderate
Moderate trend, direction gaining strength.

ATR (14): 7.30

High
High volatility, wide price fluctuations.

CCI (14): -182.30

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Invesco Dorsey Wright Industrials Momentum ETF shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$233.74
Middle Band (SMA 20)
$218.25
Lower Band
$202.76
Current Position
Within Bands

Takeaway:Invesco Dorsey Wright Industrials Momentum ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$234.57
Middle Line (EMA 20)
$219.96
Lower Channel
$205.35
Squeeze Status
No Squeeze

Takeaway:Invesco Dorsey Wright Industrials Momentum ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-237.01K
Money Flow Index22.80Bearish, selling pressure outweighs inflows.
Relative Vigor Index35.22Bearish, price momentum favors sellers.

Overall Takeaway:PRN shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ: PRN), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Invesco Dorsey Wright Industrials Momentum ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: PRN) Technical Analysis FAQ