INVESCO DYNAMIC MEDIA ETF (PBS) Stock Technical Analysis
NYSEARCA:PBS - US46137V6965 - ETF
33.0626 USD
+0.01 (+0.03%)
Overall PBS gets a technical rating of 0 out of 10. PBS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PBS is a bad performer in the overall market: 69% of all stocks are doing better.
PBS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PBS has a been trading in the 32.76 - 36.46 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PBS has an average volume of 3434 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of PBS is bad and it also does not present a quality setup 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.
More info and screens
31.22
40.85
When analyzing the support we can see 2 important areas.
- Support @32.28 from a horizontal line in the daily time frame.
- A support zone ranging from 31.54 to 31.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 34.31 to 35.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.15 to 36.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.09 from a horizontal line in the daily time frame.
- Resistance @38.35 from a trend line in the weekly time frame.
- Resistance @40.45 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for PBS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBS is down. |
| ChartMill Relative Strength | 31.3 | NEUTRAL | PBS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PBS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.85 | NEUTRAL | The RSI value for PBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.57 | OVERSOLD | The low Stochastics value suggests PBS may be oversold. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for PBS suggests low volalility. |
| Average Directional Index/ADX (14) | 22.13 | NEUTRAL | The ADX value for PBS suggests a possible start of a new 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:PBS (8/25/2023, 8:19:21 PM)
33.0626
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week-0.03%
2 Weeks-4.23%
1 Month-7.15%
3 Month-1.01%
6 Month-8.17%
12 Month-11.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%1.31%
ATR Inc42.58%
Range Today0.5
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
CRS31.3
Mansfield-1.11
10 Day High34.43
10 Day Low32.76
20 Day High36.46
20 Day Low32.76
52 Week High40.1
52 Week Low30.95
CS1 End32.28
CR1 Start34.31
Volume & EV
DER(3)-5.1%
DER(5)-3.06%
Volume1.90K
Volume Incr-17.33%
Vol(5)1.86K
Vol(50)3.43K