PIO Invesco Global Water ETF Forecast, Technical & Fundamental Analysis

PIO in upward trend: price may jump up because it broke its lower Bollinger Band on March 13, 2025

PIO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where PIO's price broke its lower Bollinger Band, its price rose further in 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 March 25, 2025. You may want to consider a long position or call options on PIO as a result. In of 83 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 March 25, 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 March 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 March 25, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 369 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 1 day. Expect a price pull-back in the near future.

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 March 24, 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.