RSPU Stock Invesco S&P 500® Equal Weight Utilts ETF (RSPU, $67.31) price exceeded its 50-day Moving Average on November 14, 2024

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RSPU - Invesco S&P 500® Equal Weight Utilts ETF

Moving Avg. signal

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Odds of DOWN Trend

Price: $67.31

Daily change: -$0.44 (-0.64%)

Daily volume: 60K

Net Assets: $364.8M

RSPU in -0.75% downward trend, declining for three consecutive days on November 14, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where RSPU declined for three days, in of 253 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The 10-day moving average for RSPU crossed bearishly below the 50-day moving average on November 07, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 15, 2024. You may want to consider a long position or call options on RSPU as a result. In of 95 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 RSPU just turned positive on November 15, 2024. Looking at past instances where RSPU's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

RSPU moved above its 50-day moving average on November 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RSPU advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .

RSPU 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 310 cases where RSPU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .