INVESCO INDIA EXCHANGE-TRADE (PIN) Stock Technical Analysis
NYSEARCA:PIN - NYSE Arca - US46137R1095 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to PIN. In the last year, PIN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, PIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.41
We found 3 important support areas.
- A support zone ranging from 26.03 to 26.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.09 to 23.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.64 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.68 to 26.97. 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 PIN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PIN is neutral. |
| ChartMill Relative Strength | 33.73 | NEUTRAL | PIN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PIN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.66 | NEUTRAL | The RSI value for PIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.94 | NEUTRAL | The Stochastics value for PIN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for PIN suggests low volalility. |
| Average Directional Index/ADX (14) | 11.94 | NEGATIVE | The low ADX value for PIN suggests a weak or negative trend. |
NYSEARCA:PIN (6/24/2025, 8:04:01 PM)
26.54
+0.24 (+0.91%)