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.
MarketClub’s Trade Triangles for RTM
The long-term trend has been DOWN since Mar 13th, 2023 at 156.589
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 168.200
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).
|Year High||118.47||Year High Date||2018-01-25|
|Year Low||94.04||Year Low Date||2018-10-26|
|52wk High||192.3157||52wk High Date||2022-04-21|
|52wk Low||140.2306||52wk Low Date||2022-09-27|
|Year End Close||64.79||Average Volume||10,494|