May 19, 2019 - 5:30 AM EDT
Invesco Dynamic Food & Bev $PBJ Technical Update
Invesco Dynamic Food & Bev $PBJ Technical Update

Invesco Dynamic Food & Bev $PBJ Technical Update

The Invesco Dynamic Food & Bev (NYSE: PBJ) 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 PBJ, 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 Neutral Neutral
P1 33.71 33.29 30.33
P2 33.99 33.95 32.68
P3 0 34.62 34.87

Long Term Trading Plans for PBJ

May 19, 2019, 5:30 am ET

The Technical Summary and Trading Plans for PBJ 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 PBJ Report.

PBJ - (Long) Support Plan

The technical summary data tells us to buy PBJ near 32.68 with an upside target of 34.87. This data also tells us to set a stop loss @ 32.42 to protect against excessive loss in case the stock begins to move against the trade. 32.68 is the first level of support below 33.7008 , and by rule, any test of support is a buy signal. In this case, support 32.68 is being tested, a buy signal would exist.

PBJ - (Short) Resistance Plan

The technical summary data is suggesting a short of PBJ as it gets near 34.87 with a downside target of 32.68. We should have a stop loss in place at 35.13 though. 34.87 is the first level of resistance above 33.7008, and by rule, any test of resistance is a short signal. In this case, if resistance 34.87 is being tested, a short signal would exist.


PBJ Long Term Analysis

PBJ Dividend Chart

PBJ PE chart

PBJ PEG chart


Source: Stock Traders Daily (May 19, 2019 - 5:30 AM EDT)