May 19, 2019 - 5:00 AM EDT
Invesco Dynamic Biotech & $PBE Technical Update
Invesco Dynamic Biotech & $PBE Technical Update

Invesco Dynamic Biotech & $PBE Technical Update

The Invesco Dynamic Biotech & (NYSE: PBE) 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 PBE, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Neutral Weak Neutral
P1 48.50 47.83 44.31
P2 49.44 51.38 51.33
P3 50.32 54.80 57.93

Long Term Trading Plans for PBE

May 19, 2019, 5:00 am ET

The Technical Summary and Trading Plans for PBE 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 PBE Report.

PBE - (Long) Support Plan

The technical summary data tells us to buy PBE near 44.31 with an upside target of 51.33. This data also tells us to set a stop loss @ 44.05 to protect against excessive loss in case the stock begins to move against the trade. 44.31 is the first level of support below 49.25 , and by rule, any test of support is a buy signal. In this case, support 44.31 would be being tested, so a buy signal would exist.

PBE - (Short) Resistance Plan

The technical summary data is suggesting a short of PBE as it gets near 51.33 with a downside target of 44.31. We should have a stop loss in place at 51.59 though. 51.33 is the first level of resistance above 49.25, and by rule, any test of resistance is a short signal. In this case, if resistance 51.33 is being tested, so a short signal would exist.


PBE Long Term Analysis

PBE Dividend Chart

PBE PE chart

PBE PEG chart


Source: Stock Traders Daily (May 19, 2019 - 5:00 AM EDT)