PRN Invesco Dorsey Wright IndustrialsMomtETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright® Industrials Technical Leaders Index (the "underlying index")... Show more
PRN sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for PRN moved above the 200-day moving average on July 25, 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 23, 2025. You may want to consider a long position or call options on PRN as a result. In of 82 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 PRN just turned positive on July 24, 2025. Looking at past instances where PRN's MACD turned positive, the stock continued to rise in of 52 cases 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 PRN advanced for three days, in of 366 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 311 cases where PRN 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 RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
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 PRN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PRN 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.
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General Information
Category Industrials
PRN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PRN has been closely correlated with AIRR. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if PRN jumps, then AIRR could also see price increases.