INVESCO CALIFORNIA AMT-FREE (PWZ) Stock Technical Analysis
NYSEARCA:PWZ - NYSE Arca - US46138E2063 - ETF - Currency: USD
Overall PWZ gets a technical rating of 0 out of 10. PWZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PWZ is a bad performer in the overall market: 74% of all stocks are doing better.
PWZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PWZ is lagging the market.
In the last month PWZ has a been trading in a tight range between 22.75 and 23.43.
PWZ has a poor technical rating and the quality of the setup is also 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
22.48
25.50
When analyzing the support we notice one important area.
- A support zone ranging from 22.71 to 22.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.16 to 23.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.48 to 24.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 25.18 to 25.25. 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 | DOWN | NEGATIVE | The long term trend for PWZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PWZ is neutral. |
| ChartMill Relative Strength | 26.63 | NEGATIVE | PWZ has a low relative strength, it was outperformed by 73.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PWZ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PWZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PWZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.68 | NEUTRAL | The RSI value for PWZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PWZ has a positive trend. |
| Stochastics (14,3) | 27.45 | NEUTRAL | The Stochastics value for PWZ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for PWZ suggests low volalility. |
| Average Directional Index/ADX (14) | 11.89 | NEGATIVE | The low ADX value for PWZ 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)
NYSEARCA:PWZ (8/1/2025, 8:04:01 PM)
23.09
+0.19 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.83%
1 Week1.14%
2 Weeks1.27%
1 Month-0.82%
3 Month-0.99%
6 Month-5.37%
12 Month-7.64%
2 Year-4.82%
3 Year-4.7%
5 Year-16.28%
10 Year-8.99%
15 Year-6.02%
Volatility
ATR(14)0.14
ATR(20)%0.51%
ATR Inc25.39%
Range Today0.07
ADR(20)0.11
ADR(20)%0.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.63
Mansfield-1.09
10 Day High23.11
10 Day Low22.75
20 Day High23.43
20 Day Low22.75
52 Week High25.49
52 Week Low22.23
CS1 End22.99
CR1 Start23.16
Volume & EV
DER(3)3.47%
DER(5)4.8%
Volume1.05M
Volume Incr-5.17%
Vol(5)830.92K
Vol(50)734.72K