RSPH Stock Invesco S&P 500® Equal Wt Hlth Care ETF (RSPH, $30.12) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 15, 2024

GET DAILY SIGNALS

Get AI intraday signals

RSPH - Invesco S&P 500® Equal Wt Hlth Care ETF

MACD signal

View

Odds of DOWN Trend

Price: $30.12

Daily change: -$0.38 (-1.25%)

Daily volume: 214.1K

Net Assets: $902.7M

RSPH sees MACD Histogram crosses below signal line

RSPH saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on November 15, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 15, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RSPH as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

RSPH moved below its 50-day moving average on October 16, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for RSPH crossed bearishly below the 50-day moving average on October 10, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 RSPH 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 RSPH entered a downward trend on November 05, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for RSPH's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RSPH advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .

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