Technical Analysis for RSPM - Invesco S&P 500 Equal Weight Materials ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 36.32 | -0.38% | -0.14 |
RSPM closed down 0.38 percent on Friday, November 1, 2024, on 40 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 50 DMA | Bearish | 0.00% | |
| MACD Bearish Centerline Cross | Bearish | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| BB Squeeze Ended | Range Expansion | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| 20 DMA Resistance | Bearish | -0.38% | |
| Bollinger Band Squeeze | Range Contraction | -0.38% | |
| Stochastic Reached Oversold | Weakness | -0.38% | |
| Strong but Oversold | Other | -0.38% |
| Alert | Time |
|---|---|
| 50 DMA Support | about 20 hours ago |
| Fell Below Previous Day's Low | about 23 hours ago |
| 60 Minute Opening Range Breakdown | 1 day ago |
| 20 DMA Resistance | 2 days ago |
| 10 DMA Resistance | 2 days ago |
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The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Materials Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the materials sector, as defined according to the Global Industry Classification Standard (GICS).
Keywords: Stock Fund S&P Global S&P 500 Index Global Industry Classification Standard
Classification
Keywords: Stock Fund S&P Global S&P 500 Index Global Industry Classification Standard
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 37.85 |
| 52 Week Low | 29.2502 |
| Average Volume | 17,589 |
| 200-Day Moving Average | 34.97 |
| 50-Day Moving Average | 36.35 |
| 20-Day Moving Average | 36.82 |
| 10-Day Moving Average | 36.60 |
| Average True Range | 0.39 |
| RSI (14) | 45.36 |
| ADX | 13.87 |
| +DI | 22.57 |
| -DI | 31.33 |
| Chandelier Exit (Long, 3 ATRs) | 36.36 |
| Chandelier Exit (Short, 3 ATRs) | 37.46 |
| Upper Bollinger Bands | 37.51 |
| Lower Bollinger Band | 36.13 |
| Percent B (%b) | 0.14 |
| BandWidth | 3.74 |
| MACD Line | -0.01 |
| MACD Signal Line | 0.11 |
| MACD Histogram | -0.1184 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 36.60 | ||||
| Resistance 3 (R3) | 36.62 | 36.56 | 36.55 | ||
| Resistance 2 (R2) | 36.56 | 36.49 | 36.54 | 36.54 | |
| Resistance 1 (R1) | 36.44 | 36.44 | 36.41 | 36.41 | 36.52 |
| Pivot Point | 36.37 | 36.37 | 36.35 | 36.36 | 36.37 |
| Support 1 (S1) | 36.25 | 36.30 | 36.22 | 36.23 | 36.12 |
| Support 2 (S2) | 36.19 | 36.26 | 36.17 | 36.10 | |
| Support 3 (S3) | 36.07 | 36.19 | 36.09 | ||
| Support 4 (S4) | 36.04 |
