


Technical Sentiment Analysis for Invesco Dorsey Wright Momentum ETF (PDP). As of 2026-04-22, Invesco Dorsey Wright Momentum ETF (PDP) 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 PDP stands at 64.97, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.73, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 92.79 and the Commodity Channel Index (CCI) at 86.38 further confirm a 4.09 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, PDP is trading above its 60-day moving average of $125.85 and above its 200-day long-term moving average of $119.06. Key price levels to watch include the immediate resistance at $134.98 and strong support at $129.66. A break above $134.98 could signal a bull continuation, while falling below $129.66 may test the next Fibonacci floor at $127.03.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 124.35 | 127.03 | 129.66 | 132.35 | 134.98 | 137.66 | 140.29 |
| Fibonacci | 127.03 | 129.06 | 130.32 | 132.35 | 134.38 | 135.63 | 137.66 |
2026-04-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 64.97 |
| Stochastic Oscillator | 92.79 |
| Stochastic RSI | 94.95 |
| Commodity Channel Index (CCI) | 86.38 |
| Awesome Oscillator | 7.83 |
| Momentum | 4.09 |
| MACD | 2.73 |
2026-04-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 133.16 | Buy |
| 10-Day | 132.29 | Buy |
| 20-Day | 127.23 | Buy |
| 60-Day | 125.85 | Buy |
| 200-Day | 119.06 | Buy |
| 250-Day | 116.19 | Buy |