PDP Invesco Dorsey Wright Momentum ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright® Technical LeadersTMIndex... Show more
PDP's Stochastic Oscillator sits in overbought zone for 5 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PDP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 09, 2026. You may want to consider a long position or call options on PDP as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PDP just turned positive on January 05, 2026. Looking at past instances where PDP's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
PDP moved above its 50-day moving average on January 02, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PDP crossed bullishly above the 50-day moving average on December 10, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PDP advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
PDP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 341 cases where PDP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category LargeGrowth
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TVRFX | 82.88 | 0.54 | +0.66% |
| Thornburg Small/Mid Cap Core R3 | |||
| FCVTX | 19.15 | N/A | N/A |
| Fidelity Advisor Small Cap Value M | |||
| FAOOX | 64.13 | -0.17 | -0.26% |
| American Funds Invmt Co of Amer 529-F-3 | |||
| HAORX | 17.59 | -0.05 | -0.28% |
| Harbor International Core Retirement | |||
| PVIVX | 46.58 | -0.17 | -0.36% |
| Paradigm Micro-Cap | |||
PDP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PDP has been closely correlated with SPYG. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if PDP jumps, then SPYG could also see price increases.
| Ticker / NAME | Correlation To PDP | 1D Price Change % | ||
|---|---|---|---|---|
| PDP | 100% | +0.81% | ||
| SPYG - PDP | 91% Closely correlated | -0.18% | ||
| QQEW - PDP | 89% Closely correlated | -0.85% | ||
| IVW - PDP | 88% Closely correlated | -0.18% | ||
| QQQM - PDP | 87% Closely correlated | -0.15% | ||
| QQQ - PDP | 87% Closely correlated | -0.15% | ||
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