INVESCO DORSEY WRIGHT BASIC (PYZ) Stock Technical Analysis
NASDAQ:PYZ - US46137V7047 - ETF
102.741 USD
+2.55 (+2.55%)
We assign a technical rating of 8 out of 10 to PYZ. Although PYZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: PYZ has an average volume of 552 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.
PYZ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PYZ has a been trading in the 94.14 - 103.13 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, PYZ did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Although PYZ 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
93.93
104.16
When analyzing the support we can see 2 important areas.
- A support zone ranging from 99.14 to 99.47. 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 94.88 to 94.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 102.75 to 103.13. 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 PYZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PYZ is up. |
| ChartMill Relative Strength | 74.63 | POSITIVE | PYZ has a high relative strength, it outperformed 74.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PYZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PYZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PYZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.8 | NEUTRAL | The RSI value for PYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PYZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.1 | NEUTRAL | The Stochastics value for PYZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for PYZ suggests low volalility. |
| Average Directional Index/ADX (14) | 20.46 | NEUTRAL | The ADX value for PYZ 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:PYZ (8/22/2025, 8:00:02 PM)
102.741
+2.55 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.55%
1 Week1.23%
2 Weeks3.26%
1 Month1.35%
3 Month17.71%
6 Month15.58%
12 Month12.51%
2 Year20.7%
3 Year27.53%
5 Year79.98%
10 Year112.49%
15 Year266.28%
Volatility
ATR(14)1.23
ATR(20)%1.3%
ATR Inc45.4%
Range Today2.16
ADR(20)0.7
ADR(20)%0.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.63
Mansfield0.25
10 Day High103.13
10 Day Low99.02
20 Day High103.13
20 Day Low94.14
52 Week High103.13
52 Week Low71.72
CS1 End99.47
CR1 Start102.75
Volume & EV
DER(3)11.11%
DER(5)6.67%
Volume300
Volume Incr-43.8%
Vol(5)340
Vol(50)552