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 sees MACD Histogram just turned negative
PDP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 01, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for PDP moved out of overbought territory on August 01, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where PDP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on August 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PDP as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 .
PDP broke above its upper Bollinger Band on July 25, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The 50-day moving average for PDP moved above the 200-day moving average on July 23, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PDP advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 321 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 % |
| BRWAX | 27.74 | 0.01 | +0.04% |
| MFS Blended Research Growth Eq A | |||
| TGVRX | 31.33 | -0.10 | -0.32% |
| Thornburg International Equity R3 | |||
| HEOMX | 18.41 | -0.15 | -0.81% |
| Hartford Climate Opportunities A | |||
| VSCIX | 118.30 | -1.46 | -1.22% |
| Vanguard Small Cap Index I | |||
| MPSIX | 22.61 | -0.29 | -1.27% |
| Principal MidCap S&P 400 Index Inst | |||
PDP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PDP has been closely correlated with IVW. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if PDP jumps, then IVW could also see price increases.