RSP Invesco S&P 500® Equal Weight ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Equal Weight Index (the "underlying index")... Show more
RSP's Indicator enters downward trend
The Aroon Indicator for RSP entered a downward trend on March 24, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 104 similar instances where the Aroon Indicator formed such a pattern. In of the 104 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where RSP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
RSP moved below its 50-day moving average on March 03, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for RSP crossed bearishly below the 50-day moving average on March 06, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RSP 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where RSP's RSI Indicator exited the oversold zone, of 20 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 01, 2025. You may want to consider a long position or call options on RSP as a result. In of 86 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 RSP just turned positive on March 20, 2025. Looking at past instances where RSP's MACD turned positive, the stock continued to rise in of 51 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 RSP advanced for three days, in of 363 cases, the price rose further within the following month. The odds of a continued upward trend are .
RSP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| QTOC | 28.09 | 0.49 | +1.77% |
| Innovator Growth Accelertd Pls ETF™ Oct | |||
| DFSV | 28.61 | 0.42 | +1.49% |
| Dimensional US Small Cap Value ETF | |||
| DECZ | 36.15 | 0.27 | +0.75% |
| TrueShares Structured Outcome Dec ETF | |||
| IFN | 15.65 | 0.05 | +0.32% |
| India Fund (The) | |||
| HYGW | 31.23 | 0.02 | +0.07% |
| iShares High Yld Crp Bd Buywrt Stgy ETF | |||
RSP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RSP has been closely correlated with VIG. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if RSP jumps, then VIG could also see price increases.