PBW Clean EnergyBack to the lows
Will the sector be starting back up soon? Or base here for a few months to years then go?
Not financial advice
Key stats
About Invesco WilderHill Clean Energy ETF
Home page
Inception date
Mar 3, 2005
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PBW is highly diverse in scope, reaching beyond just industry pure-plays like wind, solar, biofuels and geothermal companies, to include companies based on their perceived relevance to the renewable energy space. The fund's proprietary selection process and its mandate to hold only US-listed companies select companies that are perceived to benefit from the societal transition or advancement toward clean energy and conservation. Included as well are companies developing and selling energy technologies and energy management services to address efficiency and environmental issues, along with fossil fuel resource abundance concerns. PBW follows a tiered, equal-weighting structure and caps each holding at 4%. The index is reconstituted and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Process Industries
Stock breakdown by region
Top 10 holdings
Macro dashboard - Relative rotation graphsA modified version of Lux's Orbital graph that mimics Julius de Kempenaer's commercial trading tool, the Relative Rotation Graphs (RRG). Mods include:
Multiple time frame analysis: Default is the daily view, but has the option to go to lower (for quick day trades) or higher (for building long-te
Clean EnergyWith the recent focus on Europe and it's energy dependence on Russia I thought to highlight an ETF I think could work out on a longer timescale. The EU currently relies on Russia for about 40% of it's natural gas . With the recent war by Putin I think European countries will start 1) start rethinki
PBW outlookAs large institutions divest of conventional "non" green funds, that money will pour into the Green sector funds.
PBW Clean energy, Potential upside popMACD reaching levels that hasn't been touched since Feb/March lows. I see momentum taking us to newer highs, with a new trend higher into the rest of the year.
Time for PBW to resume its upward trend?PBW has been trading sideways after breaking down from its long upward trend (fueled by the prospect of clean energy stimulus in 2021).
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
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Summary
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.