GRPM Invesco S&P MidCap 400® GARP ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400® GARP Index... Show more
GRPM's RSI Oscillator climbs out of oversold territory
The RSI Indicator for GRPM moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 25 similar instances when the indicator left oversold territory. In of the 25 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where GRPM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on GRPM as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GRPM just turned positive on April 17, 2025. Looking at past instances where GRPM's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GRPM advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
GRPM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GRPM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for GRPM entered a downward trend on March 24, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category SmallBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| IRLCX | 37.31 | N/A | N/A |
| Voya Russell Large Cap Index Port S | |||
| VLPIX | 16.24 | N/A | N/A |
| Virtus Duff & Phelps Sel MLP & Engy I | |||
| MLNIX | 22.02 | N/A | N/A |
| Morgan Stanley Instl Glbl Concntr I | |||
| CIICX | 37.77 | -0.11 | -0.29% |
| American Funds Intl Gr and Inc 529C | |||
| MGLAX | 15.33 | -0.23 | -1.48% |
| MFS Global Real Estate A | |||
GRPM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GRPM has been closely correlated with SMMD. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if GRPM jumps, then SMMD could also see price increases.
| Ticker / NAME | Correlation To GRPM | 1D Price Change % | ||
|---|---|---|---|---|
| GRPM | 100% | -2.24% | ||
| SMMD - GRPM | 92% Closely correlated | -2.49% | ||
| VB - GRPM | 88% Closely correlated | -2.29% | ||
| SCHA - GRPM | 86% Closely correlated | -2.24% | ||
| IWM - GRPM | 86% Closely correlated | -2.01% | ||
| SPSM - GRPM | 85% Closely correlated | -2.00% | ||
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