INVESCO S&P 500 BUYWRITE ETF (PBP) Stock Technical Analysis
USA - NYSEARCA:PBP - US46137V3996 - ETF
Taking everything into account, PBP scores 3 out of 10 in our technical rating. In the last year, PBP was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, PBP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.17, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.09
2 important support areas can be observed.
- A support zone ranging from 21.85 to 22.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.30 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Strong resistance @22.50 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PBP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBP is neutral. |
| ChartMill Relative Strength | 34.01 | NEUTRAL | PBP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PBP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.18 | NEUTRAL | The RSI value for PBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PBP has a negative trend. |
| Stochastics (14,3) | 58.14 | NEUTRAL | The Stochastics value for PBP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for PBP suggests low volalility. |
| Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for PBP suggests a weak or negative trend. |
NYSEARCA:PBP (10/15/2025, 3:05:26 PM)
22.3
+0.1 (+0.45%)