PYZ Stock Tickeron detected bearish ETF Pattern: Broadening Top PYZ on February 20, 2025, netting in a 2.99% gain over 1 week

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+2.99% Gain from a Successful pattern Broadening Top

PYZ - Invesco DW Basic Materials Momt ETF

Ticker: PYZ

Company: Invesco DW Basic Materials Momt ETF

Gain from shortening: +2.99%

Confirmed: 02/20/25

Succeeded: 02/24/25

Total length: 11 days

On February 13, 2025, A.I.dvisor detected a Broadening Top Pattern (Bearish) for Invesco DW Basic Materials Momt ETF (PYZ, $91.92). 7 days later, on February 20, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 24, 2025, the stock hit the target price of $88.76 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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