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PowerShares S&P 500 BuyWrite Portfolio (PBP) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneDojiThu, 16 Nov 20172.31%
***Stock database and scans are updated around midnight (New York time) every trading day.
22.99 0.00 (0%) Nov 17 4:00pm EDT
Open: 22.40 Range: 22.40 - 22.99 Vol: 148.09K Avg Vol: 65.14K
EPS: 0.00 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "PBP" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 22.55
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 22.40
Last Trade is above the 50 day moving average at 22.34
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 22.28
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of PBP

ETF Trend Analysis - Buy, Sell or Hold "PowerShares S&P 500 BuyWrite Portfolio" (PBP)?

PBP is in a very strong uptrend. In the last 52 weeks, PBP has been trading above the 200 day moving average for 100% of the time with an average daily volume of 65.1K shares being traded. For the medium term however, the 50 day moving average is indicating a trading range with a bearish downward bias. PBP's upward trend appears to be weakening but it is still not confirmed by the 200 SMA. Confidence in the buy the dips strategy seems to be waning. The 20 day moving average seems to be confirming the 50 SMA as it is also indicating a trading range but however with a slightly bullish bias. As the long term trend is still up strongly, underlying strength in the 20 and 50 SMA can be used to time taking long/buy positions in PBP. Some good levels to consider entering long positions in PBP are at the 50 and 200 SMAs currently at 22.34 and 22.28 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "PBP".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Exchange Traded Funds Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance