DWAS

Technical Sentiment Analysis for Invesco Dorsey Wright SmallCap Momentum ETF (DWAS). As of 2026-07-08, Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DWAS stands at 47.81, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.56, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 15.65 and the Commodity Channel Index (CCI) at -51.13 further confirm a -2.7 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, DWAS is trading above its 60-day moving average of $115.32 and above its 200-day long-term moving average of $102.83. Key price levels to watch include the immediate resistance at $127.57 and strong support at $117.19. A break above $127.57 could signal a bull continuation, while falling below $117.19 may test the next Fibonacci floor at $112.1.