INVESCO OPTIMUM YIELD DIVERS (PDBC) Stock Technical Analysis
NASDAQ:PDBC - Nasdaq - US46090F1003 - ETF - Currency: USD
Overall PDBC gets a technical rating of 3 out of 10. In the past year, PDBC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
62% of all other stocks performed better in the past year than PDBC.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PDBC has a been trading in the 12.47 - 13.62 range, which is quite wide. It is currently trading near the high of this range.
PDBC has an average volume of 5317630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PDBC 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 PDBC is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of PDBC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.08
14.62
We found 4 important support areas.
- Support @13.45 from a trend line in the weekly time frame.
- A support zone ranging from 12.77 to 13.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.53 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.20 to 12.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.63 to 13.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.05 to 14.48. 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 | NEUTRAL | NEUTRAL | The long term trend for PDBC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDBC is up. |
| ChartMill Relative Strength | 38.67 | NEUTRAL | PDBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PDBC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PDBC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.22 | OVERBOUGHT | The high RSI value suggests PDBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PDBC has a positive trend. |
| Stochastics (14,3) | 94.74 | OVERBOUGHT | The high Stochastics value suggests PDBC may be overbought. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for PDBC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for PDBC 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)
13.54
+0.37 (+2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.81%
1 Week4.31%
2 Weeks7.97%
1 Month5.78%
3 Month1.65%
6 Month0.15%
12 Month-2.87%
2 Year-0.48%
3 Year-24.94%
5 Year4.64%
10 Year-33.79%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.14%
ATR Inc84.77%
Range Today0.18
ADR(20)0.11
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.67
Mansfield-0.28
10 Day High13.62
10 Day Low12.74
20 Day High13.62
20 Day Low12.47
52 Week High14.44
52 Week Low12.02
CS1 End13.45
CR1 Start13.63
Volume & EV
DER(3)0.97%
DER(5)2.27%
Volume5.29M
Volume Incr137.65%
Vol(5)8.04M
Vol(50)5.32M