RSPM Invesco S&P 500® Equal Weight Matrls ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Equal Weight Materials Index (the "underlying index")... Show more
Momentum Indicator for RSPM turns negative, indicating new downward trend
RSPM saw its Momentum Indicator move below the 0 level on June 25, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 72 similar instances where the indicator turned negative. In of the 72 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for RSPM turned negative on June 13, 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 42 similar instances when the indicator turned negative. In of the 42 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 RSPM 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where RSPM'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RSPM advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 305 cases where RSPM 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 NaturalResources
RSPM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RSPM has been closely correlated with VAW. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if RSPM jumps, then VAW could also see price increases.
| Ticker / NAME | Correlation To RSPM | 1D Price Change % | ||
|---|---|---|---|---|
| RSPM | 100% | -1.02% | ||
| VAW - RSPM | 92% Closely correlated | -0.85% | ||
| XLB - RSPM | 90% Closely correlated | -0.96% | ||
| CUT - RSPM | 79% Closely correlated | -1.63% | ||
| GNR - RSPM | 74% Closely correlated | -0.72% | ||
| GUNR - RSPM | 71% Closely correlated | -0.63% | ||
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