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 in upward trend: price may jump up because it broke its lower Bollinger Band on April 03, 2025
RSP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 36 cases where RSP's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where RSP's RSI Oscillator 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 21, 2025. You may want to consider a long position or call options on RSP as a result. In of 84 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 April 22, 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 360 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for RSP moved below the 200-day moving average on April 11, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
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 .
The Aroon Indicator for RSP entered a downward trend on April 09, 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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| CHAT | 33.75 | 1.23 | +3.78% |
| Roundhill Generative AI & Technology ETF | |||
| EWT | 45.50 | 1.17 | +2.64% |
| iShares MSCI Taiwan ETF | |||
| EET | 51.17 | 1.21 | +2.43% |
| ProShares Ultra MSCI Emerging Markets | |||
| BOE | 10.40 | 0.18 | +1.76% |
| BlackRock Enhanced Global Dividend Trust | |||
| RISN | 25.08 | 0.33 | +1.32% |
| Inspire Tactical Balanced 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 97% 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.