PYZ

Technical Sentiment Analysis for Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ). As of 2026-05-08, Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PYZ stands at 54.81, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.5, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.48 and the Commodity Channel Index (CCI) at 54.75 further confirm a -0.02 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, PYZ is trading above its 60-day moving average of $124.43 and above its 200-day long-term moving average of $113.67. Key price levels to watch include the immediate resistance at $131.69 and strong support at $124.59. A break above $131.69 could signal a bull continuation, while falling below $124.59 may test the next Fibonacci floor at $121.19.