


Technical Sentiment Analysis for Invesco Dorsey Wright Industrials Momentum ETF (PRN). As of 2026-05-07, Invesco Dorsey Wright Industrials Momentum ETF (PRN) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PRN stands at 62.51, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 8.49, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 85.99 and the Commodity Channel Index (CCI) at 157.74 further confirm a 9.84 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, PRN is trading above its 60-day moving average of $210.25 and above its 200-day long-term moving average of $185.66. Key price levels to watch include the immediate resistance at $248.58 and strong support at $216.82. A break above $248.58 could signal a bull continuation, while falling below $216.82 may test the next Fibonacci floor at $201.6.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 185.06 | 201.6 | 216.82 | 233.36 | 248.58 | 265.11 | 280.33 |
| Fibonacci | 201.6 | 213.73 | 221.22 | 233.36 | 245.49 | 252.98 | 265.11 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 62.51 |
| Stochastic Oscillator | 85.99 |
| Stochastic RSI | 91.85 |
| Commodity Channel Index (CCI) | 157.74 |
| Awesome Oscillator | 22.56 |
| Momentum | 9.84 |
| MACD | 8.49 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 238.12 | Sell |
| 10-Day | 232.04 | Buy |
| 20-Day | 226.69 | Buy |
| 60-Day | 210.25 | Buy |
| 200-Day | 185.66 | Buy |
| 250-Day | 179.01 | Buy |