PDP

Technical Sentiment Analysis for Invesco Dorsey Wright Momentum ETF (PDP). As of 2026-07-07, Invesco Dorsey Wright Momentum ETF (PDP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 7 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PDP stands at 41.81, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.56, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.45 and the Commodity Channel Index (CCI) at -142.97 further confirm a -13.79 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, PDP is trading above its 60-day moving average of $140.94 and above its 200-day long-term moving average of $126.85. Key price levels to watch include the immediate resistance at $154.23 and strong support at $138.16. A break above $154.23 could signal a bull continuation, while falling below $138.16 may test the next Fibonacci floor at $129.33.