


Technical Sentiment Analysis for Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ). As of 2026-04-21, Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PYZ stands at 59.13, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.63, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.45 and the Commodity Channel Index (CCI) at 91.22 further confirm a 5.14 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, PYZ is trading above its 60-day moving average of $124.3 and above its 200-day long-term moving average of $111.75. Key price levels to watch include the immediate resistance at $128.61 and strong support at $123.7. A break above $128.61 could signal a bull continuation, while falling below $123.7 may test the next Fibonacci floor at $121.34.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 118.78 | 121.34 | 123.7 | 126.25 | 128.61 | 131.17 | 133.53 |
| Fibonacci | 121.34 | 123.22 | 124.38 | 126.25 | 128.13 | 129.29 | 131.17 |
2026-04-21
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59.13 |
| Stochastic Oscillator | 89.45 |
| Stochastic RSI | 91.53 |
| Commodity Channel Index (CCI) | 91.22 |
| Awesome Oscillator | 5.38 |
| Momentum | 5.14 |
| MACD | 1.63 |
2026-04-21
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 126.36 | Buy |
| 10-Day | 126.06 | Buy |
| 20-Day | 122.21 | Buy |
| 60-Day | 124.3 | Buy |
| 200-Day | 111.75 | Buy |
| 250-Day | 107.15 | Buy |