Technical Analysis for SPGP - Invesco S&P 500 GARP ETF

Grade Last Price % Change Price Change
A 106.49 0.61% 0.65
SPGP closed up 0.61 percent on Thursday, March 28, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.61%
180 Bullish Setup Bullish Swing Setup 0.61%
Pocket Pivot Bullish Swing Setup 0.61%
Stochastic Reached Overbought Strength 0.61%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 4 hours ago
Possible NR7 about 6 hours ago
60 Minute Opening Range Breakout about 8 hours ago
Rose Above Upper Bollinger Band about 8 hours ago
Upper Bollinger Band Resistance about 9 hours ago

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Profile

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Real Estate Investment Trust Invesco Powershares Fundamentally Based Indexes Investment Trust

Top 10 Components

Symbol Grade Price % Change Allocation
FANG A 0.83 2.42
STLD A 1.16 2.28
MPC B 2.29 2.25
CF C 0.73 2.13
NUE B -0.33 2.00
KLAC C 0.24 1.85
VLO B 1.72 1.78
CTRA C 0.07 1.77
DVN C 1.46 1.74
VRTX D 0.17 1.71

Is SPGP 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 106.76
52 Week Low 81.99
Average Volume 334,670
200-Day Moving Average 93.89
50-Day Moving Average 99.84
20-Day Moving Average 103.36
10-Day Moving Average 104.55
Average True Range 1.08
RSI (14) 70.67
ADX 30.97
+DI 40.85
-DI 17.35
Chandelier Exit (Long, 3 ATRs) 103.51
Chandelier Exit (Short, 3 ATRs) 103.07
Upper Bollinger Bands 106.52
Lower Bollinger Band 100.20
Percent B (%b) 1.0
BandWidth 6.11
MACD Line 1.67
MACD Signal Line 1.54
MACD Histogram 0.1293
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 107.69
Resistance 3 (R3) 107.65 107.20 107.49
Resistance 2 (R2) 107.20 106.90 107.23 107.42
Resistance 1 (R1) 106.85 106.71 107.03 106.89 107.36
Pivot Point 106.40 106.40 106.49 106.42 106.40
Support 1 (S1) 106.05 106.10 106.22 106.09 105.62
Support 2 (S2) 105.60 105.91 105.62 105.56
Support 3 (S3) 105.25 105.60 105.49
Support 4 (S4) 105.29