


Technical Sentiment Analysis for Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ). As of 2026-07-08, Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 6 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PYZ stands at 35.41, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.78, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 4.95 and the Commodity Channel Index (CCI) at -143.97 further confirm a -5.57 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, PYZ is trading above its 60-day moving average of $127.59 and above its 200-day long-term moving average of $118.87. Key price levels to watch include the immediate resistance at $127.34 and strong support at $120.67. A break above $127.34 could signal a bull continuation, while falling below $120.67 may test the next Fibonacci floor at $117.31.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 114.01 | 117.31 | 120.67 | 123.97 | 127.34 | 130.63 | 134 |
| Fibonacci | 117.31 | 119.85 | 121.42 | 123.97 | 126.51 | 128.08 | 130.63 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 35.41 |
| Stochastic Oscillator | 4.95 |
| Stochastic RSI | 7.32 |
| Commodity Channel Index (CCI) | -143.97 |
| Awesome Oscillator | -4.74 |
| Momentum | -5.57 |
| MACD | -1.78 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 122.21 | Sell |
| 10-Day | 124.04 | Sell |
| 20-Day | 126.69 | Sell |
| 60-Day | 127.59 | Sell |
| 200-Day | 118.87 | Buy |
| 250-Day | 115.34 | Buy |