SPMO Invesco S&P 500® Momentum ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the S&P 500 Momentum Index... Show more
SPMO sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for SPMO moved above the 200-day moving average on May 16, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for SPMO crossed bullishly above the 50-day moving average on May 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 SPMO advanced for three days, in of 377 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 369 cases where SPMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for SPMO turned negative on May 29, 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 46 similar instances when the indicator turned negative. In of the 46 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 SPMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SPMO broke above its upper Bollinger Band on May 12, 2025. 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.
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General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| EBND | 20.94 | 0.10 | +0.48% |
| SPDR® Blmbg Em Mkts Lcl Bd ETF | |||
| RWM | 19.68 | 0.06 | +0.31% |
| ProShares Short Russell2000 | |||
| SBB | 15.61 | 0.03 | +0.22% |
| ProShares Short SmallCap600 | |||
| SPVM | 57.80 | -0.45 | -0.78% |
| Invesco S&P 500 Value with Momentum ETF | |||
| IEO | 85.41 | -2.03 | -2.32% |
| iShares US Oil & Gas Explor & Prod ETF | |||
SPMO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SPMO has been closely correlated with IVV. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if SPMO jumps, then IVV could also see price increases.
| Ticker / NAME | Correlation To SPMO | 1D Price Change % | ||
|---|---|---|---|---|
| SPMO | 100% | -0.04% | ||
| IVV - SPMO | 96% Closely correlated | -0.03% | ||
| VOO - SPMO | 96% Closely correlated | -0.06% | ||
| SPY - SPMO | 95% Closely correlated | -0.03% | ||
| VTI - SPMO | 95% Closely correlated | -0.01% | ||
| QQQM - SPMO | 94% Closely correlated | +0.26% | ||
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