PIO Invesco Global Water ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX Global WaterTMIndex... Show more
PIO's RSI Indicator climbs out of oversold territory
The RSI Indicator for PIO moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on PIO as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PIO just turned positive on April 15, 2025. Looking at past instances where PIO's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
PIO moved above its 50-day moving average on April 24, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PIO crossed bullishly above the 50-day moving average on April 30, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PIO advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
PIO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PIO entered a downward trend on April 17, 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 NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| VLMIX | 34.04 | 0.21 | +0.62% |
| Value Line Mid Cap Focused Institutional | |||
| FSCZX | 26.15 | N/A | N/A |
| Fidelity Advisor Stk Selec Lg Cp Val Z | |||
| RLSMX | 10.53 | N/A | N/A |
| Lazard US Small Cap Equity Select R6 | |||
| UBVLX | 76.56 | N/A | N/A |
| Undiscovered Managers Behavioral Val L | |||
| SRUIX | 13.09 | N/A | N/A |
| Meeder Spectrum Institutional | |||
PIO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PIO has been closely correlated with VAW. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if PIO jumps, then VAW could also see price increases.