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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Invesco S&P 500 Equal Weight Materials ETF (PACF:RSPM)
Bear Market Rally (-75) - RSPM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RSPM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RSPM?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSPM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RSPM
The long-term trend has been DOWN since Jul 1st, 2024 at 34.0400
The intermediate-term trend has been UP since Aug 26th, 2024 at 36.0901
The short-term trend has been DOWN since Sep 3rd, 2024 at 35.8000
Smart Scan Analysis for RSPM
Based on our trend formula, RSPM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.0200 | 35.1114 | 34.5800 | 34.5800 | -0.4904 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.6290 | 15564 | 2024-09-06 15:53:42 |
| 52wk High | 36.65 | 52wk High Date | 2024-05-15 |
| 52wk Low | 28.9224 | 52wk Low Date | 2023-10-23 |
| Average Volume | 35,569 | Shares Outstanding | 3,000 |