Invesco Dwa Basic Materials Momentum Etf ETF Forecast

Buy or Hold candidate since Jun 11, 2026 Gain 0.01%

The Invesco DWA Basic Materials Momentum ETF price fell by -0.246% on the last day (Thursday, 18th Jun 2026) from $130.49 to $130.17. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 1.22% from a day low at $129.67 to a day high of $131.25. The price has been going up and down for this period, and there has been a -0.84% loss for the last 2 weeks. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 5 thousand shares were bought and sold for approximately $678.98 thousand.

The ETF lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 11.32% during the next 3 months and, with a 90% probability hold a price between $137.11 and $151.56 at the end of this 3-month period.

PYZ Signals & Forecast

There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -2.51%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Invesco DWA Basic Materials Momentum gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The Invesco DWA Basic Materials Momentum ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $130.06 and $128.87. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Invesco DWA Basic Materials Momentum ETF

Invesco DWA Basic Materials Momentum finds support from accumulated volume at $127.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $1.58 (1.22%) between high and low. For the last week, the ETF has had daily average volatility of 1.44%.

Our recommended stop-loss: $125.72 (-3.42%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (PYZ) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Invesco DWA Basic Materials Momentum ETF to open at $130.36, and during the day (based on 14 day Average True Range), to move between $128.91 and $131.43, which gives a possible trading interval of +/-$2.52 (+/-1.96%) up or down from last closing price. If Invesco DWA Basic Materials Momentum ETF takes out the full calculated possible swing range there will be an estimated 1.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $131.55 (1.06%) than the support at $127.19 (2.29%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Invesco DWA Basic Materials Momentum ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Invesco DWA Basic Materials Momentum ETF to perform well in the short-term.

Current score: 1.270 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 22, 2026 - $130.36 ( 0.147%).

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