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RSPR Stock Tickeron detected bearish ETF Pattern: Triangle Ascending RSPR on March 12, 2025, netting in a 2.87% gain over 1 month

A.I.dvisor
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+2.87% Gain from a Successful pattern Triangle Ascending
RSPR - Invesco S&P 500® Equal Wt Real Estt ETF
Tickeron
Ticker: RSPR
Company: Invesco S&P 500® Equal Wt Real Estt ETF
Gain from shorting: +2.87%
Confirmed: 03/12/25
Succeeded: 04/03/25
Total length: 49 days
On February 13, 2025, A.I.dvisor detected a Triangle Ascending Pattern (Bearish) for Invesco S&P 500® Equal Wt Real Estt ETF (RSPR, $35.63). 27 days later, on March 12, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $33.87 – resulting in a gain for traders who shorted the stock on the pattern detection date.

RSPR sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for RSPR moved below the 200-day moving average on April 04, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 69 cases where RSPR'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 April 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RSPR as a result. In of 88 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 RSPR turned negative on April 03, 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 .

RSPR moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for RSPR crossed bearishly below the 50-day moving average on April 03, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 RSPR 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 entered the oversold zone -- be on the watch for RSPR's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RSPR advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .

RSPR 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 292 cases where RSPR 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 RealEstate

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