Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC)

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF is trading at $18.22, up 0.03% on the session. The 50 day average sits at $17.01 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 59.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $17.45 with resistance near $18.13, so that band frames the current range. Average daily movement is roughly $0.29, or about 1.6% of the share price, which is what any stop placement has to allow for. The overall health score of 76 out of 100 combines a trend score of 68, momentum of 80 and a risk score of 83.

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to the world's most heavily traded commodities. Commodities are assets that have tangible properties, such as oil, agricultural produce or raw metals.