Investor Alert

New York Markets Close in:

March 1, 2020, 1:53 p.m. EST

Invesco Global Clean Energ $PBD Trading Report

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Invesco Global Clean Energy ETF (PBD)

or Cancel Already have a watchlist? Log In

Mar 01, 2020 (Stock Traders Daily via COMTEX) -- The Invesco Global Clean Energ /zigman2/quotes/202774103/composite PBD -2.60% update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for PBD, and 1300 other stocks too, updated in real time for our trial subscribers . The data below is a snapshot, but updates are available now.

Technical Summary

The Technical Summary and Trading Plans for PBD help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this PBD Report.

The technical summary data tells us to buy PBD near 14.36 with an upside target of 15.33. This data also tells us to set a stop loss @ 14.1 to protect against excessive loss in case the stock begins to move against the trade. 14.36 is the first level of support below 14.6517 , and by rule, any test of support is a buy signal. In this case, support 14.36 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of PBD as it gets near 15.33 with a downside target of 14.36. We should have a stop loss in place at 15.59 though. 15.33 is the first level of resistance above 14.6517, and by rule, any test of resistance is a short signal. In this case, if resistance 15.33 is being tested, a short signal would exist.


US : U.S.: NYSE Arca
$ 39.65
-1.06 -2.60%
Volume: 317,299
Jan. 25, 2021 12:16p

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.