VRP Stock Invesco Variable Rate Preferred ETF (VRP, $23.46) RSI Indicator left the oversold zone on April 17, 2024

GET DAILY SIGNALS

Get AI intraday signals

VRP - Invesco Variable Rate Preferred ETF

RSI signal

View

Odds of UP Trend

Price: $23.46

Daily change: +$0.05 (+0.21%)

Daily volume: 394.8K

Net Assets: $1.6B

VRP's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for VRP turned positive on October 17, 2024. Looking at past instances where VRP's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 11, 2024. You may want to consider a long position or call options on VRP as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 VRP advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

VRP 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 410 cases where VRP 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 10-day RSI Indicator for VRP moved out of overbought territory on September 27, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where VRP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .