INVESCO S&P 500 BUYWRITE ETF (PBP) Stock Technical Analysis
NYSEARCA:PBP - NYSE Arca - US46137V3996 - ETF - Currency: USD
Overall PBP gets a technical rating of 0 out of 10. PBP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
66% of all other stocks performed better in the past year than PBP.
PBP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PBP is lagging the market slightly.
In the last month PBP has a been trading in a tight range between 21.32 and 21.85.
Volume is considerably higher in the last couple of days.
The technical rating of PBP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.88
24.37
2 important support areas can be observed.
- Support @20.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.08 to 20.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.51 to 21.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @22.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.11 to 24.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for PBP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBP is down. |
| ChartMill Relative Strength | 34.39 | NEUTRAL | PBP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PBP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.69 | NEUTRAL | The RSI value for PBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PBP has a negative trend. |
| Stochastics (14,3) | 13.05 | OVERSOLD | The low Stochastics value suggests PBP may be oversold. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for PBP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for PBP suggests a weak or negative trend. |
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)
NYSEARCA:PBP (5/23/2025, 11:28:38 AM)
21.2
-0.18 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.84%
1 Week-1.52%
2 Weeks-1.52%
1 Month-0.51%
3 Month-10.32%
6 Month-7.65%
12 Month-3.13%
2 Year-1.26%
3 Year0.14%
5 Year17.99%
10 Year-0.09%
15 Year6.1%
Volatility
ATR(14)0.13
ATR(20)%0.6%
ATR Inc25.43%
Range Today0.05
ADR(20)0.12
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.39
Mansfield-0.79
10 Day High21.85
10 Day Low21.32
20 Day High21.85
20 Day Low21.32
52 Week High24.27
52 Week Low19.41
CS1 End20.74
CR1 Start21.51
Volume & EV
DER(3)-3.05%
DER(5)-1.33%
Volume91.49K
Volume Incr134.85%
Vol(5)94.94K
Vol(50)69.12K