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Stock Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Invesco S&P 500 Equal Weight Materials ETF (PACF:RTM)

Long-Term Downtrend (-90) - RTM is in a strong downtrend that is likely to continue. While RTM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RTM?

MarketClub looks at technical strength and momentum to determine if the timing is right for RTM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_RTM
Open High Low RTM Price Change
152.61000 154.99000 152.61000 154.62230 +2.87195
Entry Signal

MarketClub’s Trade Triangles for RTM

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 156.589

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2023 at 168.200

short term down The short-term trend has been DOWN since Mar 7th, 2023 at 168.290

Smart Scan Analysis for RTM

Based on our trend formula, RTM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RTM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
152.61000 154.99000 152.61000 154.62230 +2.87195
Prev. Close Volume Bid Ask Time
151.75035 2632 2023-03-20 13:53:04
Year High118.47Year High Date2018-01-25
Year Low94.04Year Low Date2018-10-26
52wk High192.315752wk High Date2022-04-21
52wk Low140.230652wk Low Date2022-09-27
Year End Close64.79Average Volume10,494
Shares Outstanding600Assets337M
Beta1.16Volatility22.99
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