INVESCO WATER RESOURCES ETF (PHO) Stock Technical Analysis
NASDAQ:PHO - Nasdaq - US46137V1420 - ETF - Currency: USD
Taking everything into account, PHO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PHO is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
PHO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PHO has a been trading in the 69.36 - 73.56 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, PHO outperforms 57% of them, which is more or less in line with the market.
Although PHO has an excellent technical rating, it does not offer a high 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
62.21
74.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 69.62 to 71.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.20 to 68.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @66.01 from a horizontal line in the daily time frame.
- Support @62.84 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 | UP | POSITIVE | The long term trend for PHO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHO is up. |
| ChartMill Relative Strength | 57.16 | NEUTRAL | PHO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.98 | OVERBOUGHT | The high RSI value suggests PHO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests PHO has a positive trend. |
| Stochastics (14,3) | 92.32 | OVERBOUGHT | The high Stochastics value suggests PHO may be overbought. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for PHO suggests low volalility. |
| Average Directional Index/ADX (14) | 14.14 | NEGATIVE | The low ADX value for PHO 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)
NASDAQ:PHO (8/13/2025, 8:00:00 PM)
73.51
+1.05 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.45%
1 Week3.73%
2 Weeks4.51%
1 Month5.32%
3 Month6.14%
6 Month9.37%
12 Month7.87%
2 Year28.65%
3 Year47.97%
5 Year85.82%
10 Year234.59%
15 Year400.75%
Volatility
ATR(14)0.74
ATR(20)%1.01%
ATR Inc66.65%
Range Today0.99
ADR(20)0.7
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.16
Mansfield-0.19
10 Day High73.56
10 Day Low69.36
20 Day High73.56
20 Day Low69.36
52 Week High73.56
52 Week Low57.11
CS1 End71.34
CR1 StartN/A
Volume & EV
DER(3)-1.44%
DER(5)-0.05%
Volume38.40K
Volume Incr-11.42%
Vol(5)33.94K
Vol(50)39.92K