Invesco S&p 500 Buywrite $PBP Trading Report

The Invesco S&p 500 Buywrite (NYSE: PBP) update and the technical summary table below can help you manage risk and optimize returns. Here we provide day, swing, and longer-term trading plans for PBP, and we cover 1000 other stocks too. This is a snapshot, it was real-time when the report was published, but prices change and so do support and resistance levels. Update this report, and get unlimited real time reports here Unlimited Real Time Reports.

Review the PBP Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Weak Neutral Weak
P1 0 0 15.40
P2 18.80 18.76 17.28
P3 19.14 19.13 18.87

Long Term Trading Plans for PBP

September 26, 2020, 10:00 am ET

The Technical Summary and Trading Plans for PBP 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 PBP Report.

PBP - (Long) Support Plan

The technical summary data tells us to buy PBP near 18.87, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 18.82 to protect against excessive loss in case the stock begins to move against the trade. 18.87 is the first level of support below 18.99, and by rule, any test of support is a buy signal. In this case, if support 18.87 is being tested, a buy signal would exist.

PBP - (Short) Resistance Plan

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.


PBP Long Term Analysis


PBP Dividend Chart

PBP PE chart

PBP PEG chart

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