Technical Analysis for EVMT - Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

Grade Last Price % Change Price Change
D 16.37 -0.18% -0.03
EVMT closed down 0.18 percent on Wednesday, March 27, 2024, on 1.36 times normal volume. 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.18%
Doji - Bullish? Reversal -0.18%
Down 3 Days in a Row Weakness -0.18%
Gapped Down Weakness -0.18%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 19 hours ago
Lower Bollinger Band Support about 19 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Gapped Down (Full) about 23 hours ago
2x Volume Pace about 23 hours ago

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Profile

The fund is an actively managed ETF that seeks to invest in a combination of financial instruments that are economically linked to the tradeable metals widely used in the production of an electric vehicle (currently, iron ore, copper, aluminum, nickel and cobalt). Under normal circumstances, the fund invests, either directly or through a wholly-owned subsidiary (the ?Subsidiary?), in Commodities Futures, Commodity-Linked Instruments, Commodity-Related Assets and Collateral. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund Natural Sciences Commodity Markets Commodity Copper

Is EVMT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.9943
52 Week Low 15.7
Average Volume 1,753
200-Day Moving Average 17.82
50-Day Moving Average 16.37
20-Day Moving Average 16.75
10-Day Moving Average 16.68
Average True Range 0.16
RSI (14) 43.82
ADX 18.49
+DI 28.06
-DI 44.78
Chandelier Exit (Long, 3 ATRs) 16.61
Chandelier Exit (Short, 3 ATRs) 16.75
Upper Bollinger Bands 17.14
Lower Bollinger Band 16.36
Percent B (%b) 0.01
BandWidth 4.64
MACD Line 0.03
MACD Signal Line 0.11
MACD Histogram -0.0742
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.58
Resistance 3 (R3) 16.57 16.48 16.55
Resistance 2 (R2) 16.48 16.43 16.49 16.53
Resistance 1 (R1) 16.43 16.40 16.46 16.44 16.52
Pivot Point 16.34 16.34 16.36 16.35 16.34
Support 1 (S1) 16.29 16.29 16.32 16.30 16.22
Support 2 (S2) 16.20 16.26 16.21 16.21
Support 3 (S3) 16.15 16.20 16.20
Support 4 (S4) 16.16