INVESCO DORSEY WRIGHT INDUS (PRN) Stock Technical Analysis
NASDAQ:PRN - Nasdaq - US46137V8458 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to PRN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PRN is only an average performer.
Warning: PRN has an average volume of 10260 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
PRN 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 PRN is lagging the market slightly.
In the last month PRN has a been trading in the 153.33 - 165.72 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, PRN did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although PRN 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
129.54
167.20
3 important support areas can be observed.
- A support zone ranging from 156.84 to 160.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 150.21 to 150.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @130.85 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 PRN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRN is up. |
| ChartMill Relative Strength | 78.65 | POSITIVE | PRN has a high relative strength, it outperformed 78.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.65 | NEUTRAL | The RSI value for PRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests PRN has a positive trend. |
| Stochastics (14,3) | 85.67 | OVERBOUGHT | The high Stochastics value suggests PRN may be overbought. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for PRN suggests low volalility. |
| Average Directional Index/ADX (14) | 21.02 | NEUTRAL | The ADX value for PRN 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)
NASDAQ:PRN (7/25/2025, 8:17:58 PM)
165.541
+3.77 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.33%
1 Week1.91%
2 Weeks5.74%
1 Month7.31%
3 Month22.34%
6 Month-1.52%
12 Month18.07%
2 Year52.31%
3 Year81.43%
5 Year131.04%
10 Year257.23%
15 Year593.22%
Volatility
ATR(14)2.39
ATR(20)%1.38%
ATR Inc7.42%
Range Today2.45
ADR(20)1.93
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.65
Mansfield-0.04
10 Day High165.72
10 Day Low155.82
20 Day High165.72
20 Day Low153.33
52 Week High180.08
52 Week Low118.25
CS1 End160.75
CR1 StartN/A
Volume & EV
DER(3)0.47%
DER(5)1.76%
Volume6.50K
Volume Incr-34.3%
Vol(5)7.26K
Vol(50)10.26K