PEY Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Ascending PEY on January 08, 2026, netting in a 3.20% gain over 3 weeks

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PEY - Invesco High Yield Eq Div Achiev™ ETF

Ticker: PEY

Company: Invesco High Yield Eq Div Achiev™ ETF

Gain: +3.2%

Confirmed: 01/08/26

Succeeded: 02/02/26

Total length: 25 days

On January 08, 2026, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bullish) for Invesco High Yield Eq Div Achiev™ ETF (PEY, $21.09). On January 08, 2026, A.I.dvisor confirmed the Bullish pattern, setting a target price of $21.96. 25 days later, on February 02, 2026, PEY reached the target price resulting in a for traders who took a long position in the stock.

PEY's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for PEY turned positive on February 02, 2026. Looking at past instances where PEY's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 30, 2026. You may want to consider a long position or call options on PEY as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

PEY 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PEY advanced for three days, in of 311 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 289 cases where PEY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for PEY moved out of overbought territory on January 16, 2026. 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 28 similar instances where the indicator moved out of overbought territory. In of the 28 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PEY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PEY broke above its upper Bollinger Band on January 08, 2026. 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.