


Technical Sentiment Analysis for Invesco Dorsey Wright SmallCap Momentum ETF (DWAS). As of 2026-05-29, Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DWAS stands at 60.23, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.81, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 91.22 and the Commodity Channel Index (CCI) at 85.02 further confirm a 0.56 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, DWAS is trading above its 60-day moving average of $106.65 and above its 200-day long-term moving average of $98.94. Key price levels to watch include the immediate resistance at $118.23 and strong support at $108.7. A break above $118.23 could signal a bull continuation, while falling below $108.7 may test the next Fibonacci floor at $103.59.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 99.17 | 103.59 | 108.7 | 113.12 | 118.23 | 122.65 | 127.76 |
| Fibonacci | 103.59 | 107.23 | 109.48 | 113.12 | 116.76 | 119.01 | 122.65 |
2026-05-29
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 60.23 |
| Stochastic Oscillator | 91.22 |
| Stochastic RSI | 91.38 |
| Commodity Channel Index (CCI) | 85.02 |
| Awesome Oscillator | 3.57 |
| Momentum | 0.56 |
| MACD | 1.81 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 116.01 | Buy |
| 10-Day | 113.82 | Buy |
| 20-Day | 114.09 | Buy |
| 60-Day | 106.65 | Buy |
| 200-Day | 98.94 | Buy |
| 250-Day | 95.98 | Buy |