Technical Analysis for PBP - PowerShares S&P 500 BuyWrite Portfolio

Grade Last Price % Change Price Change
grade A 21.89 0.37% 0.08
PBP closed up 0.37 percent on Tuesday, September 17, 2019, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Flat
See historical PBP trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Volume Surge Other 0.37%
Outside Day Range Expansion 0.37%
Overbought Stochastic Strength 0.37%
180 Bullish Setup Bullish Swing Setup 0.23%
Overbought Stochastic Strength 0.23%
Shooting Star Candlestick Bearish 0.46%
Overbought Stochastic Strength 0.46%

Older signals for PBP ...

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Profile
The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.
S&P 500 Index Cboe Invesco Powershares S&P 500 Index Options Chicago Board Options Exchange Covered Call Buy Write CBOE DJIA Buywrite Index Cboe S&P 500 Buywrite Index
Is PBP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 22.94
52 Week Low 18.67
Average Volume 70,587
200-Day Moving Average 21.1143
50-Day Moving Average 21.6704
20-Day Moving Average 21.6335
10-Day Moving Average 21.799
Average True Range 0.21
ADX 11.43
+DI 21.1815
-DI 18.0186
Chandelier Exit (Long, 3 ATRs ) 21.27
Chandelier Exit (Short, 3 ATRs ) 21.7
Upper Bollinger Band 22.0225
Lower Bollinger Band 21.2445
Percent B (%b) 0.83
BandWidth 3.596274
MACD Line 0.084
MACD Signal Line 0.0514
MACD Histogram 0.0326
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.03
Resistance 3 (R3) 22.01 21.96 22.00
Resistance 2 (R2) 21.96 21.92 21.96 21.99
Resistance 1 (R1) 21.92 21.90 21.94 21.94 21.99
Pivot Point 21.87 21.87 21.88 21.87 21.87
Support 1 (S1) 21.83 21.83 21.85 21.85 21.79
Support 2 (S2) 21.78 21.81 21.78 21.79
Support 3 (S3) 21.74 21.78 21.78
Support 4 (S4) 21.76