
Technical analysis of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an actively managed exchange-traded fund that invests in financial instruments economically linked to the world's most heavily traded commodities, such as oil, agricultural produce, and raw metals. The fund seeks to achieve its investment objective through a combination of these financial instruments tied to tangible assets.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 19, 2026, computed on the last 12 months of prices.
21 sessions
19.60 $
+2.40%
50 sessions
19.14 $
+4.83%
200 sessions
17.14 $
+17.11%
s2
19.66
Support
s1
19.89
Support
pivot
20.01
Pivot
r1
20.24
Resistance
r2
20.36
Resistance
In the October 19, 2026 session Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF closed lower at 20.07 $, −0.20% versus the previous session.
The price sits above every moving average observed: +2.40% against the 21-session average, +4.83% against the 50 and +17.11% against the 200.
The 14-period RSI reads 62.7, in neutral territory.
MACD stands at 0.235 against a signal line at 0.214: the histogram is positive (+0.021).
ADX reads 23.1, indicating weak directionality.
Levels computed on the latest session place supports at 19.89 and 19.66 $ and resistances at 20.24 and 20.36 $, around a pivot of 20.01.
The average daily range (ATR) is 0.282 $, or 1.40% of price.
Turnover was 4.5M shares, 85% of the 20-session average.
Over the last twelve months the price ranged between 15.75 and 20.18 $, and today stands −0.52% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF analysed technically?
Technical analysis of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF it helps frame the technical structure of the historical chart and is not a forecast.
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