INVESCO GOLDEN DRAGON CHINA (PGJ) Stock Technical Analysis
USA - NASDAQ:PGJ - US46137V5710 - ETF
We assign a technical rating of 7 out of 10 to PGJ. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, PGJ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 32.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PGJ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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24.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 30.85 to 32.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.41 from a trend line in the daily time frame.
- Support @28.47 from a trend line in the weekly time frame.
- Support @25.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.53 to 34.54. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for PGJ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PGJ is neutral. |
| ChartMill Relative Strength | 73.96 | POSITIVE | PGJ has a high relative strength, it outperformed 73.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PGJ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PGJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PGJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.92 | NEUTRAL | The RSI value for PGJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PGJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.79 | NEUTRAL | The Stochastics value for PGJ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for PGJ suggests some volalility. |
| Average Directional Index/ADX (14) | 24.26 | NEUTRAL | The ADX value for PGJ suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 32.44 | 30.80 | 1.64 (5.05%) | 19.81% |
| An entry @32.44. This is a Buy Stop order right above the 10 day high. | An exit @30.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.64 points, which is 5.05%. | When investing 19.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:PGJ (10/27/2025, 1:25:15 PM)
32.77
+0.59 (+1.83%)
INVESCO GOLDEN DRAGON CHINA / PGJ FAQ
What is the ChartMill technical rating of INVESCO GOLDEN DRAGON CHINA (PGJ) stock?
ChartMill assigns a technical rating of 7 / 10 to PGJ.
What is the current trend direction of INVESCO GOLDEN DRAGON CHINA (PGJ) stock?
The current trend direction for INVESCO GOLDEN DRAGON CHINA (PGJ) is Bullish.
What is the RSI signal for PGJ stock?
INVESCO GOLDEN DRAGON CHINA (PGJ) has an RSI value of 49.9238. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INVESCO GOLDEN DRAGON CHINA?
The MACD indicator for INVESCO GOLDEN DRAGON CHINA (PGJ) has a value of -0.0885733, indicating a bearish trend.
What is the short term momentum for INVESCO GOLDEN DRAGON CHINA (PGJ) stock?
The short term momentum for INVESCO GOLDEN DRAGON CHINA (PGJ) is neutral.