PEY Invesco High Yield Eq Div Achiev™ ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the NASDAQ U... Show more
PEY's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for PEY turned positive on April 22, 2025. Looking at past instances where PEY's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on PEY as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
PEY moved above its 50-day moving average on May 12, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PEY advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The 50-day moving average for PEY moved below the 200-day moving average on April 21, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PEY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PEY broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for PEY entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category MidCapValue
PEY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PEY has been closely correlated with VOE. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if PEY jumps, then VOE could also see price increases.