INVESCO DORSEY WRIGHT EMERGI (PIE) Stock Technical Analysis
USA - NASDAQ:PIE - US46138E8672 - ETF
23.0043 USD
-1.26 (-5.18%)
Overall PIE gets a technical rating of 6 out of 10. PIE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month PIE has a been trading in the 22.72 - 24.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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.
PIE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PIE is lagging the market slightly.
Looking at the yearly performance, PIE did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PIE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.09
25.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.99 to 22.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.02 to 23.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.30 to 24.75. This zone is formed by a combination of multiple trend lines and important moving averages 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 PIE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PIE is neutral. |
| ChartMill Relative Strength | 75.58 | POSITIVE | PIE has a high relative strength, it outperformed 75.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PIE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PIE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.09 | NEUTRAL | The RSI value for PIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PIE has a negative trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for PIE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for PIE suggests low volalility. |
| Average Directional Index/ADX (14) | 31.64 | POSITIVE | The high ADX value value for PIE suggests a strong 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:PIE (10/10/2025, 8:51:28 PM)
23.0043
-1.26 (-5.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.18%
1 Week-6.22%
2 Weeks-3.93%
1 Month-5.18%
3 Month10.97%
6 Month34.8%
12 Month12.16%
2 Year32.06%
3 Year45.19%
5 Year17.61%
10 Year44.23%
15 Year27.73%
Volatility
ATR(14)0.47
ATR(20)%1.74%
ATR Inc180.64%
Range Today1.38
ADR(20)0.38
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.58
Mansfield0.47
10 Day High24.78
10 Day Low22.72
20 Day High24.78
20 Day Low22.72
52 Week High24.78
52 Week Low15.31
CS1 End22.99
CR1 Start23.02
Volume & EV
DER(3)1.48%
DER(5)3.62%
Volume127.50K
Volume Incr61.95%
Vol(5)42.68K
Vol(50)30.93K