Invesco DWA Utilities Momentum ETF Price & Performance (PUI)

The Invesco Dwa Utilities Momentum ETF (PUI) is encountering mixed trading signals. Resistance levels at $40 and $41.79 are key indicators, suggesting potential buy signals if resistance breaks. However, short signals emerge if resistance is tested but not breached. Traders are advised to monitor these levels closely for strategic entries and exits.12

Recent data indicates PUI's trading patterns are marked by volatility, with resistance at $40 and $41.34 shaping market movements. While buy signals activate on resistance breaks, short positions are recommended if resistance holds. Traders are advised to implement stop-loss measures to mitigate risks associated with fluctuating support and resistance levels.12

PUI's trading outlook remains uncertain, with resistance levels at $40 and $41.79 dictating strategy. Breaks above resistance prompt buy signals, while unbroken resistance suggests shorting opportunities. As support levels remain undefined, traders should prioritize risk controls, particularly stop-loss strategies, to navigate potential price movements effectively.12