Invesco Dynamic Building & Construction ETF - Chart Of The Day

Summary

• 100% technical buy signals.
• 14 new highs and up 5.63% in the last month.
• 34.21% gain in the last year.

The Barchart Chart of the Day belongs to the Invesco Dynamic Building and Construction ETF (PKB). I found the ETF by sorting Barchart's Top 100 ETFs first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on1/14 the ETF gained 2.13%.

The Invesco Dynamic Building and Construction ETF is based on the Dynamic Building and Construction Intellidex Index. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines, and airports. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August, and November.

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Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can, therefore, change during the day as the market fluctuates. The indicator numbers shown below, therefore, may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• 32.50+ Weighted Alpha
• 34.21% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 5.63% in the last month
• Relative Strength Index 56.22%
• Technical support level at 34.65
• Recently traded at 35.22 with a 50 day moving average of 34.25

Fundamental factors:

• Assets under Management $112 million
• P/E 15.84
• Dividend yield .35%
• 910 investors ate monitoring the ETF on Seeking Alpha