


Technical Sentiment Analysis for Invesco National AMT-Free Municipal Bond ETFo (PZA). As of 2026-03-25, Invesco National AMT-Free Municipal Bond ETFo (PZA) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 5 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PZA stands at 27.58, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -0.12, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 6.81 and the Commodity Channel Index (CCI) at -182.11 further confirm a -0.38 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, PZA is trading above its 60-day moving average of $23.3 and above its 200-day long-term moving average of $22.93. Key price levels to watch include the immediate resistance at $23.41 and strong support at $22.8. A break above $23.41 could signal a bull continuation, while falling below $22.8 may test the next Fibonacci floor at $22.49.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 22.2 | 22.49 | 22.8 | 23.09 | 23.41 | 23.7 | 24.01 |
| Fibonacci | 22.49 | 22.72 | 22.86 | 23.09 | 23.32 | 23.46 | 23.7 |
2026-03-25
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 27.58 |
| Stochastic Oscillator | 6.81 |
| Stochastic RSI | 7.36 |
| Commodity Channel Index (CCI) | -182.11 |
| Awesome Oscillator | -0.33 |
| Momentum | -0.38 |
| MACD | -0.12 |
2026-03-25
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 22.96 | Sell |
| 10-Day | 23.12 | Sell |
| 20-Day | 23.25 | Sell |
| 60-Day | 23.3 | Sell |
| 200-Day | 22.93 | Sell |
| 250-Day | 22.85 | Sell |