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RPG Stock Tickeron detected bearish ETF Pattern: Triple Tops RPG on February 19, 2025, netting in a 1.12% gain over 6 days

A.I.dvisor
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+1.12% Gain from a Successful pattern Triple Tops
RPG - Invesco S&P 500® Pure Growth ETF
Tickeron
Ticker: RPG
Company: Invesco S&P 500® Pure Growth ETF
Gain from shortening: +1.12%
Confirmed: 02/19/25
Succeeded: 02/20/25
Total length: 6 days
On February 14, 2025, A.I.dvisor detected a Triple Tops Pattern (Bearish) for Invesco S&P 500® Pure Growth ETF (RPG, $44.60). 5 days later, on February 19, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 20, 2025, the stock hit the target price of $42.82 – resulting in a gain for traders who shorted the stock on the pattern detection date.

RPG in downward trend: price dove below 50-day moving average on February 21, 2025

RPG moved below its 50-day moving average on February 21, 2025 date and that indicates a change from an upward trend to a downward trend. In of 47 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for RPG moved out of overbought territory on January 27, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where RPG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RPG as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for RPG turned negative on February 20, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RPG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The 10-day moving average for RPG crossed bullishly above the 50-day moving average on January 21, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 RPG advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

RPG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 405 cases where RPG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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General Information

Category LargeGrowth

Profile
Fundamentals
Details
Category
Large Growth
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com