INVESCO GLOBAL WATER ETF (PIO) Stock Technical Analysis
NASDAQ:PIO - Nasdaq - US46138E6510 - ETF - Currency: USD
Overall PIO gets a technical rating of 8 out of 10. Although PIO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: PIO has an average volume of 10782 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
PIO 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.
When compared to the yearly performance of all other stocks, PIO outperforms 64% of them, which is more or less in line with the market.
In the last month PIO has a been trading in a tight range between 42.28 and 44.19.
Considerably lower volume is observed in the last couple of days.
Although PIO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.49
44.45
2 important support areas can be observed.
- A support zone ranging from 41.44 to 43.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.87 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.01 to 44.01. 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 PIO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIO is up. |
| ChartMill Relative Strength | 64.68 | NEUTRAL | PIO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.77 | NEUTRAL | The RSI value for PIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.15 | OVERBOUGHT | The high Stochastics value suggests PIO may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for PIO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for PIO suggests a possible start of a new 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 |
|---|---|---|---|
| 44.02 | 42.74 | 1.28 (2.91%) | 25.00% |
| An entry @44.02. This is a Buy Stop order right above the resistance zone. | An exit @42.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.28 points, which is 2.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- 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:PIO (6/11/2025, 8:10:04 PM)
44
+0.15 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.34%
1 Week1.34%
2 Weeks2.3%
1 Month2.52%
3 Month8.13%
6 Month8.16%
12 Month7.47%
2 Year23.01%
3 Year41.71%
5 Year53.13%
10 Year85.03%
15 Year174.49%
Volatility
ATR(14)0.37
ATR(20)%0.91%
ATR Inc-39.19%
Range Today0.28
ADR(20)0.33
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.68
Mansfield0.19
10 Day High44.19
10 Day Low42.75
20 Day High44.19
20 Day Low42.28
52 Week High44.19
52 Week Low35.57
CS1 End43.46
CR1 Start44.01
Volume & EV
DER(3)2.42%
DER(5)1.21%
Volume1.90K
Volume Incr-59.26%
Vol(5)4.76K
Vol(50)10.78K