RWJ Invesco S&P SmallCap 600 Revenue ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600® Revenue-Weighted Index... Show more
RWJ sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for RWJ moved below the 200-day moving average on April 01, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RWJ as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 RWJ 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 RWJ entered a downward trend on March 24, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RWJ's RSI Oscillator exited the oversold zone, of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for RWJ just turned positive on March 20, 2025. Looking at past instances where RWJ'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RWJ advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .
RWJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category SmallValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| DUSLX | 37.51 | 0.14 | +0.37% |
| DFA US Large Cap Growth Instl | |||
| WRGCX | 5.80 | N/A | N/A |
| Macquarie Small Cap Growth C | |||
| VSEMX | 210.18 | N/A | N/A |
| Vanguard Extended Market Index Instl Sel | |||
| DIERX | 39.79 | N/A | N/A |
| BNY Mellon International Core Equity I | |||
| PHRCX | 18.73 | N/A | N/A |
| Virtus Duff & Phelps Real Estate Secs C | |||
RWJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RWJ has been closely correlated with IJS. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if RWJ jumps, then IJS could also see price increases.
| Ticker / NAME | Correlation To RWJ | 1D Price Change % | ||
|---|---|---|---|---|
| RWJ | 100% | +0.20% | ||
| IJS - RWJ | 98% Closely correlated | +0.14% | ||
| SLYV - RWJ | 97% Closely correlated | -0.01% | ||
| IWN - RWJ | 96% Closely correlated | -0.01% | ||
| VBR - RWJ | 96% Closely correlated | +0.26% | ||
| DFAT - RWJ | 95% Closely correlated | +0.33% | ||
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