INVESCO DORSEY WRIGHT TECH (PTF) Stock Technical Analysis
NASDAQ:PTF - Nasdaq - US46137V8110 - ETF - Currency: USD
Taking everything into account, PTF scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PTF is only an average performer.
Warning: PTF has an average volume of 28156 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
Looking at the yearly performance, PTF did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PTF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTF is lagging the market.
In the last month PTF has a been trading in the 65.50 - 71.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PTF has an excellent technical rating, it does not offer a high quality setup 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
50.61
70.97
When analyzing the support we can see 3 important areas.
- A support zone ranging from 65.04 to 65.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @55.33 from a trend line in the weekly time frame.
- Support @51.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.24 to 70.27. 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 PTF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTF is neutral. |
| ChartMill Relative Strength | 75.63 | POSITIVE | PTF has a high relative strength, it outperformed 75.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PTF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.13 | NEUTRAL | The RSI value for PTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PTF has a negative trend. |
| Stochastics (14,3) | 54.22 | NEUTRAL | The Stochastics value for PTF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for PTF suggests some volalility. |
| Average Directional Index/ADX (14) | 16.26 | NEGATIVE | The low ADX value for PTF 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:PTF (8/7/2025, 4:15:16 PM)
67.54
-1.49 (-2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.16%
1 Week-1.67%
2 Weeks-0.74%
1 Month1.2%
3 Month11.99%
6 Month-6.89%
12 Month20.54%
2 Year41.55%
3 Year70.46%
5 Year87.39%
10 Year430.2%
15 Year948.58%
Volatility
ATR(14)1.44
ATR(20)%2.04%
ATR Inc-3.93%
Range Today2.79
ADR(20)1.23
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.63
Mansfield-0.4
10 Day High71.65
10 Day Low67.07
20 Day High71.65
20 Day Low65.5
52 Week High80.92
52 Week Low49.57
CS1 End69
CR1 Start69.17
Volume & EV
DER(3)2.07%
DER(5)0.31%
Volume171.27K
Volume Incr31.41%
Vol(5)29.18K
Vol(50)28.16K