Invesco High Yield Equity Dividend Achievers ETF (PEY) Jumped Up 0.1%, But Why?

In its latest trading session, Invesco High Yield Equity Dividend Achievers ETF (PEY) spiked up by 0.1% – here is what that looked like (as of 2019-11-08):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.119, an Accumulation/Distribution Index (ADI) of 0.119, an On-Balance Volume (OBV) of 158.214, and a Chaiikin Money Flow (CMF) of -18.45. 5.486

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Invesco High Yield Equity Dividend Achievers ETF (PEY). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

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Becky Steen