RZV Stock Invesco S&P SmallCap 600® Pure Value ETF (RZV, $107.69) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 22, 2024

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RZV - Invesco S&P SmallCap 600® Pure Value ETF

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Odds of DOWN Trend

Price: $107.69

Daily change: -$0.42 (-0.39%)

Daily volume: 2.2K

Net Assets: $245.1M

RZV saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for RZV moved out of overbought territory on October 22, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 65 similar instances where the indicator exited the overbought zone. In of the 65 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for RZV turned negative on October 22, 2024. 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 45 similar instances when the indicator turned negative. In of the 45 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 RZV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

RZV broke above its upper Bollinger Band on October 17, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 15, 2024. You may want to consider a long position or call options on RZV as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

RZV moved above its 50-day moving average on October 04, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for RZV crossed bullishly above the 50-day moving average on September 23, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 RZV advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .