Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Invesco S&P 500 Equal Weight Materials ETF (PACF:RTM)
Countertrend Up (+85) - RTM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jun 3rd, 2020 at 104.770
The intermediate-term trend has been UP since Oct 11th, 2021 at 167.140
The short-term trend has been DOWN since Oct 27th, 2021 at 170.585
Smart Scan Analysis for RTM
Based on our trend formula, RTM is rated as a +85 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||178.43||52wk High Date||2021-05-10|
|52wk Low||116.215||52wk Low Date||2020-10-29|
|Year End Close||64.79||Average Volume||14,437|