INVESCO DORSEY WRIGHT INDUS (PRN) Stock Technical Analysis
USA - NASDAQ:PRN - US46137V8458 - ETF
169.77 USD
-0.38 (-0.22%)
We assign a technical rating of 8 out of 10 to PRN. Although PRN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: PRN has an average volume of 7257 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 159.69 - 170.82 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, PRN turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
PRN has an excellent technical rating, but the quality of the setup is only medium 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
132.71
171.47
We found 3 important support areas.
- Support @169.56 from a horizontal line in the daily time frame.
- A support zone ranging from 160.42 to 166.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @134.05 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 | 67.05 | NEUTRAL | PRN is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of PRN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.89 | NEUTRAL | The RSI value for PRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests PRN has a positive trend. |
| Stochastics (14,3) | 73.14 | NEUTRAL | The Stochastics value for PRN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for PRN suggests low volalility. |
| Average Directional Index/ADX (14) | 10.79 | NEGATIVE | The low ADX value for PRN 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:PRN (9/19/2025, 12:18:31 PM)
169.77
-0.38 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week1.31%
2 Weeks3.72%
1 Month5.98%
3 Month13.04%
6 Month20.76%
12 Month12.45%
2 Year68.31%
3 Year107.88%
5 Year123.13%
10 Year309.41%
15 Year583.33%
Volatility
ATR(14)2.59
ATR(20)%1.42%
ATR Inc76.58%
Range Today0.5
ADR(20)1.78
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.05
Mansfield-0.15
10 Day High170.82
10 Day Low160.88
20 Day High170.82
20 Day Low159.69
52 Week High180.08
52 Week Low118.25
CS1 End169.56
CR1 StartN/A
Volume & EV
DER(3)2.4%
DER(5)0.79%
Volume2.25K
Volume Incr9.61%
Vol(5)7.20K
Vol(50)7.26K