INVESCO DORSEY WRIGHT MOMENT (PDP) Stock Technical Analysis
USA - NASDAQ:PDP - US46137V8375 - ETF
120.038 USD
-0.01 (-0.01%)
Overall PDP gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PDP is only an average performer.
Warning: PDP has an average volume of 17828 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
A new 52 week high is currently being made by PDP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month PDP has a been trading in the 113.91 - 121.02 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that PDP is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, PDP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 120.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 119.35, a Stop Loss order could be placed below this zone.
More info and screens
90.05
121.99
We found 3 important support areas.
- A support zone ranging from 116.86 to 119.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 108.38 to 111.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.96 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 120.05 to 120.78. 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 | UP | POSITIVE | The long term trend for PDP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PDP is neutral. |
| ChartMill Relative Strength | 70.29 | POSITIVE | PDP has a high relative strength, it outperformed 70.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PDP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.79 | NEUTRAL | The RSI value for PDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PDP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.64 | NEUTRAL | The Stochastics value for PDP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for PDP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for PDP 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 120.79 | 116.85 | 3.94 (3.26%) | 25.00% |
| An entry @120.79. This is a Buy Stop order right above the resistance zone. | An exit @116.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.94 points, which is 3.26%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:PDP (10/14/2025, 4:30:01 PM)
120.038
-0.01 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.01%
1 Week0.58%
2 Weeks1.68%
1 Month4.27%
3 Month7.31%
6 Month25.2%
12 Month12.07%
2 Year63.16%
3 Year60.59%
5 Year59.16%
10 Year180.53%
15 Year443.4%
Volatility
ATR(14)1.93
ATR(20)%1.45%
ATR Inc112.18%
Range Today2.73
ADR(20)1.4
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.29
Mansfield0.02
10 Day High121.02
10 Day Low116.22
20 Day High121.02
20 Day Low113.91
52 Week High121.02
52 Week Low86.41
CS1 End119.35
CR1 Start120.05
Volume & EV
DER(3)1.43%
DER(5)1.69%
Volume13.38K
Volume Incr-53.45%
Vol(5)9.82K
Vol(50)17.83K