


Technical Sentiment Analysis for Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ). As of 2026-06-02, Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PYZ stands at 62.86, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.32, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 90.54 and the Commodity Channel Index (CCI) at 125.93 further confirm a 9.71 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, PYZ is trading above its 60-day moving average of $124.41 and above its 200-day long-term moving average of $116.03. Key price levels to watch include the immediate resistance at $134.17 and strong support at $121.83. A break above $134.17 could signal a bull continuation, while falling below $121.83 may test the next Fibonacci floor at $115.33.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 109.48 | 115.33 | 121.83 | 127.67 | 134.17 | 140.02 | 146.52 |
| Fibonacci | 115.33 | 120.04 | 122.96 | 127.67 | 132.39 | 135.31 | 140.02 |
2026-06-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 62.86 |
| Stochastic Oscillator | 90.54 |
| Stochastic RSI | 85.94 |
| Commodity Channel Index (CCI) | 125.93 |
| Awesome Oscillator | 2.98 |
| Momentum | 9.71 |
| MACD | 1.32 |
2026-06-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 131.26 | Buy |
| 10-Day | 128.33 | Buy |
| 20-Day | 128.71 | Buy |
| 60-Day | 124.41 | Buy |
| 200-Day | 116.03 | Buy |
| 250-Day | 112.06 | Buy |