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INVESCO DEFENSIVE EQUITY ETF (DEF) Stock Technical Analysis

NYSEARCA:DEF - NYSE Arca - US46138J7752 - ETF - Currency: USD

67.84  +0.35 (+0.52%)

Technical Rating and Analysis

2

Taking everything into account, DEF scores 2 out of 10 in our technical rating. DEF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Warning: DEF has an average volume of 11350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
DEF is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DEF slightly outperforms the market at the moment.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, DEF turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
In the last month DEF has a been trading in a tight range between 67.31 and 70.14.
Weekly and Daily overview Charts
INVESCO DEFENSIVE EQUITY ETF / DEF Weekly stock chart
INVESCO DEFENSIVE EQUITY ETF / DEF Daily stock chart
Setup Rating and Analysis

5

DEF has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

65.30

72.56

When analyzing the support we notice one important area.

  • A support zone ranging from 65.96 to 67.50. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 67.89 to 70.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @71.84 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.96
Mansfield-0.64
10 Day High69.07
10 Day Low67.31
20 Day High70.14
20 Day Low67.31
52 Week High70.92
52 Week Low59.14
Performance
1 Week0.19%
2 Weeks-1.64%
1 Month-3.18%
3 Month3.4%
6 Month1.9%
12 Month1.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)40.84
LBB67
UBB69.37
INVESCO DEFENSIVE EQUITY ETF / DEF Daily stock chart

INVESCO DEFENSIVE EQUITY ETF

NYSEARCA:DEF (8/25/2023, 8:04:00 PM)

67.84

+0.35 (+0.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.52%
1 Week0.19%
2 Weeks-1.64%
1 Month-3.18%
3 Month3.4%
6 Month1.9%
12 Month1.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%0.74%
ATR Inc12.89%
Range Today0.59
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.96
Mansfield-0.64
10 Day High69.07
10 Day Low67.31
20 Day High70.14
20 Day Low67.31
52 Week High70.92
52 Week Low59.14
CS1 End67.5
CR1 Start67.89
Volume & EV
DER(3)-1.36%
DER(5)1.31%
Volume4.10K
Volume Incr18.03%
Vol(5)11.62K
Vol(50)11.35K