INVESCO S&P 500 BUYWRITE ETF (PBP) Stock Technical Analysis
NYSEARCA:PBP - NYSE Arca - US46137V3996 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to PBP. PBP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PBP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, PBP outperforms 64% of them, which is more or less in line with the market.
In the last month PBP has a been trading in a tight range between 23.43 and 24.27.
PBP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.53
24.37
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.67 to 23.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.24 from a horizontal line in the daily time frame.
- A support zone ranging from 22.38 to 22.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.99 from a horizontal line in the weekly time frame.
- Support @20.74 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.94 to 24.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.86
Mansfield-0.26
10 Day High24.27
10 Day Low23.81
20 Day High24.27
20 Day Low23.43
52 Week High24.27
52 Week Low21.04
Performance
1 Week-0.96%
2 Weeks-0.54%
1 Month-0.33%
3 Month2.98%
6 Month5.35%
12 Month8.07%
2 Year13.74%
3 Year6.81%
5 Year20.95%
10 Year13.79%
15 Year11.61%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)46.91
LBB23.74
UBB24.22
23.84
-0.28 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.16%
1 Week-0.96%
2 Weeks-0.54%
1 Month-0.33%
3 Month2.98%
6 Month5.35%
12 Month8.07%
2 Year13.74%
3 Year6.81%
5 Year20.95%
10 Year13.79%
15 Year11.61%
Volatility
ATR(14)0.16
ATR(20)%0.72%
ATR Inc58.95%
Range Today0.35
ADR(20)0.16
ADR(20)%0.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.86
Mansfield-0.26
10 Day High24.27
10 Day Low23.81
20 Day High24.27
20 Day Low23.43
52 Week High24.27
52 Week Low21.04
CS1 End23.73
CR1 Start23.94
Volume & EV
DER(3)-6.49%
DER(5)-1.52%
Volume80.20K
Volume Incr-29.27%
Vol(5)45.88K
Vol(50)53.44K