PIO Invesco Global Water ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX Global WaterTMIndex... Show more
PIO sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for PIO moved above the 200-day moving average on May 30, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 05, 2025. You may want to consider a long position or call options on PIO as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 PIO advanced for three days, in of 359 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 292 cases where PIO 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 PIO moved out of overbought territory on June 13, 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 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for PIO turned negative on May 22, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
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General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FMPEX | 26.68 | N/A | N/A |
| Fidelity Advisor Mid Cap Value C | |||
| NWALX | 34.45 | -0.36 | -1.03% |
| Nationwide BNY Mellon Dyn US Eq Inc A | |||
| UCNQX | 51.50 | -0.67 | -1.28% |
| Victory Nasdaq 100 Index C | |||
| TGPEX | 10.73 | -0.16 | -1.47% |
| T. Rowe Price Global Impact Equity Inv | |||
| FRMCX | 23.17 | -0.44 | -1.86% |
| Franklin Mutual Small-Mid Cap Val A | |||
PIO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PIO has been closely correlated with VAW. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if PIO jumps, then VAW could also see price increases.
| Ticker / NAME | Correlation To PIO | 1D Price Change % | ||
|---|---|---|---|---|
| PIO | 100% | +0.27% | ||
| VAW - PIO | 76% Closely correlated | +0.43% | ||
| XLB - PIO | 73% Closely correlated | +0.42% | ||
| GNR - PIO | 60% Loosely correlated | +0.52% | ||
| GUNR - PIO | 59% Loosely correlated | +0.45% | ||
| COPX - PIO | 45% Loosely correlated | +0.56% | ||
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