PXI Invesco Dorsey Wright Energy MomentumETF Forecast, Technical & Fundamental Analysis

PXI's RSI Oscillator driving into overbought territory

The RSI Indicator for PXI moved into overbought territory on February 03, 2026. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

PXI broke above its upper Bollinger Band on January 21, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 31, 2025. You may want to consider a long position or call options on PXI as a result. In of 90 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 PXI just turned positive on January 02, 2026. Looking at past instances where PXI's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

PXI moved above its 50-day moving average on January 08, 2026 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PXI crossed bullishly above the 50-day moving average on January 13, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 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 PXI advanced for three days, in of 365 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 287 cases where PXI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .