SPHQ Invesco S&P 500® Quality ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Quality Index... Show more
SPHQ's Indicator enters downward trend
The Aroon Indicator for SPHQ entered a downward trend on April 14, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 107 similar instances where the Aroon Indicator formed such a pattern. In of the 107 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPHQ 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where SPHQ's RSI Indicator exited the oversold zone, of 15 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on SPHQ as a result. In of 80 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 SPHQ just turned positive on April 15, 2025. Looking at past instances where SPHQ's MACD turned positive, the stock continued to rise in of 48 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 SPHQ advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPHQ 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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| EDC | 28.15 | 0.93 | +3.42% |
| Direxion Daily MSCI Em Mkts Bull 3X ETF | |||
| NXJ | 11.29 | 0.04 | +0.36% |
| Nuveen New Jersey Quality Municipal Income Fund | |||
| FTSL | 45.31 | 0.13 | +0.29% |
| First Trust Senior Loan ETF | |||
| JHDV | 32.29 | N/A | N/A |
| JHancock U.S. High Dividend ETF | |||
| CPER | 30.37 | -0.01 | -0.03% |
| United States Copper Index | |||
SPHQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPHQ has been closely correlated with SPY. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPHQ jumps, then SPY could also see price increases.
| Ticker / NAME | Correlation To SPHQ | 1D Price Change % | ||
|---|---|---|---|---|
| SPHQ | 100% | +0.90% | ||
| SPY - SPHQ | 95% Closely correlated | +1.55% | ||
| IVV - SPHQ | 95% Closely correlated | +1.60% | ||
| VOO - SPHQ | 95% Closely correlated | +1.61% | ||
| BKLC - SPHQ | 95% Closely correlated | +1.74% | ||
| VTI - SPHQ | 94% Closely correlated | +1.70% | ||
More | ||||