Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Invesco S&P 500 Equal Weight Energy ETF (PACF:RYE)
Countertrend Up (+85) - RYE 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 RYE?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYE
The long-term trend has been UP since Oct 4th, 2021 at 46.7500
The intermediate-term trend has been UP since Sep 23rd, 2021 at 42.8500
The short-term trend has been DOWN since Oct 21st, 2021 at 50.3089
Smart Scan Analysis for RYE
Based on our trend formula, RYE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||65.2995||Year High Date||2018-05-22|
|Year Low||49.5||Year Low Date||2018-11-28|
|52wk High||51.66||52wk High Date||2021-10-18|
|52wk Low||20.15||52wk Low Date||2020-10-29|
|Year End Close||63.85||Average Volume||175,989|