Invesco Dorsey Wright Technology Momentum ETF (PTF)

Invesco Dorsey Wright Technology Momentum ETF is trading at $93.94, down 3.22% on the session. The 50 day average sits at $110.23 and the 200 day at $99.02, which puts the stock in a uptrend. RSI is at 41.2, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $95.88 with resistance near $111.09, so that band frames the current range. Average daily movement is roughly $5.63, or about 6.0% of the share price, which is what any stop placement has to allow for. The overall health score of 31 out of 100 combines a trend score of 30, momentum of 32 and a risk score of 30.

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the technology sector that have powerful relative strength or "momentum" characteristics.