Invesco Dwa Basic Materials Momentum Etf ETF Forecast

Sell candidate since Jul 28, 2026 Loss -2.35%

The Invesco DWA Basic Materials Momentum ETF price fell by -2.35% on the last day (Wednesday, 29th Jul 2026) from $120.35 to $117.53. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 3.11% from a day low at $116.65 to a day high of $120.28. The price has fallen in 7 of the last 10 days and is down by -2.5% for this period. Volume has increased on the last day by 911 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, 2 thousand shares were bought and sold for approximately $293.70 thousand.

The ETF lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -7.93% during the next 3 months and, with a 90% probability hold a price between $104.03 and $116.72 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

PYZ Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Invesco DWA Basic Materials Momentum ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $120.64 and $123.79. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, July 23, 2026, and so far it has fallen -3.67%. Further fall is indicated until a new bottom pivot has been found. 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".

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

There is no support from accumulated volume below today's level and given the right condition the ETF may perform very badly in the next couple of days.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $3.63 between high and low, or 3.11%. For the last week the ETF has had daily average volatility of 1.82%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PYZ) For The Upcoming Trading Day Of Thursday 30th

For the upcoming trading day on Thursday, 30th we expect Invesco DWA Basic Materials Momentum ETF to open at $118.15, and during the day (based on 14 day Average True Range), to move between $116.36 and $118.70, which gives a possible trading interval of +/-$2.33 (+/-2.01%) 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 2.01% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $118.21, some $0.681 (0.58%) from the current price of $117.53, our system finds the risk reward not very attractive.

Is Invesco DWA Basic Materials Momentum ETF ETF A Buy?

Invesco DWA Basic Materials Momentum holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -4.680 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 30, 2026 - $118.15 ( 0.531%).

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