INVESCO WILDERHILL CLEAN ENE (PBW) Stock Technical Analysis
NYSEARCA:PBW - NYSE Arca - US46137V1347 - ETF - Currency: USD
Overall PBW gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PBW was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, PBW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.71. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PBW in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
17.15
2 important support areas can be observed.
- Support @18.57 from a horizontal line in the daily time frame.
- A support zone ranging from 17.32 to 17.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.71 to 18.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.77 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for PBW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBW is up. |
| ChartMill Relative Strength | 34.46 | NEUTRAL | PBW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.59 | NEUTRAL | The RSI value for PBW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PBW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.32 | OVERBOUGHT | The high Stochastics value suggests PBW may be overbought. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for PBW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.29 | NEUTRAL | The ADX value for PBW suggests a possible start of a new trend. |
NYSEARCA:PBW (6/6/2025, 8:18:36 PM)
18.7
+0.49 (+2.69%)