PDP

Technical Sentiment Analysis for Invesco Dorsey Wright Momentum ETF (PDP). As of 2026-05-22, Invesco Dorsey Wright Momentum ETF (PDP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 10 indicators are flashing buy, while 0 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PDP stands at 58.12, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.02, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 58.17 and the Commodity Channel Index (CCI) at 45.07 further confirm a 0.51 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, PDP is trading above its 60-day moving average of $130.26 and above its 200-day long-term moving average of $122.03. Key price levels to watch include the immediate resistance at $143.88 and strong support at $134.78. A break above $143.88 could signal a bull continuation, while falling below $134.78 may test the next Fibonacci floor at $129.77.