Technical Analysis for RSPM - Invesco S&P 500 Equal Weight Materials ETF

Grade Last Price % Change Price Change
B 34.44 -0.06% -0.02
RSPM closed up 0.09 percent on Thursday, April 18, 2024, on 76 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -0.06%
Lower Bollinger Band Walk Weakness -0.06%
Gapped Up Strength -0.06%
Oversold Stochastic Weakness -0.06%
Lower Bollinger Band Walk Weakness 0.03%
Strong but Oversold Other 0.03%
Gapped Up Strength 0.03%
Below Lower BB Weakness 0.03%
Down 3 Days in a Row Weakness 0.03%
Down 4 Days in a Row Weakness 0.03%

   Recent Intraday Alerts

Alert Time
Fell Below 50 DMA about 19 hours ago
Reversed from Up about 19 hours ago
Gap Up Closed about 20 hours ago
50 DMA Support about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago

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Profile

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).
Classification

Keywords: Stock Fund S&P Global S&P 500 Index Global Industry Classification Standard

Top 10 Components

Symbol Grade Price % Change Allocation
FCX A 1.02 4.01
STLD A 0.93 3.83
EMN A 0.87 3.79
ALB D 0.88 3.78
CE B 1.29 3.75
IFF A 0.17 3.71
WRK A 1.59 3.68
IP B 0.45 3.66
DD A 0.84 3.65
NUE A 0.24 3.62

Is RSPM 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 36.5499
52 Week Low 28.6306
Average Volume 37,594
200-Day Moving Average 32.31
50-Day Moving Average 34.48
20-Day Moving Average 35.63
10-Day Moving Average 35.35
Average True Range 0.43
RSI (14) 39.39
ADX 33.44
+DI 21.10
-DI 27.76
Chandelier Exit (Long, 3 ATRs) 35.25
Chandelier Exit (Short, 3 ATRs) 35.65
Upper Bollinger Bands 36.93
Lower Bollinger Band 34.34
Percent B (%b) 0.05
BandWidth 7.27
MACD Line 0.01
MACD Signal Line 0.30
MACD Histogram -0.2904
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.00
Resistance 3 (R3) 35.02 34.87 34.91
Resistance 2 (R2) 34.87 34.73 34.86 34.88
Resistance 1 (R1) 34.66 34.64 34.59 34.64 34.85
Pivot Point 34.51 34.51 34.47 34.50 34.51
Support 1 (S1) 34.30 34.37 34.23 34.28 34.07
Support 2 (S2) 34.15 34.28 34.14 34.04
Support 3 (S3) 33.94 34.15 34.01
Support 4 (S4) 33.92