Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Invesco S&P 500 Equal Weight Tech ETF (PACF:RYT)
Sidelines Mode (+55) - RYT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYT?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYT
The long-term trend has been UP since Jun 1st, 2020 at 195.3598
The intermediate-term trend has been UP since Nov 5th, 2020 at 225.0935
The short-term trend has been DOWN since Feb 17th, 2021 at 267.9400
Smart Scan Analysis for RYT
Based on our trend formula, RYT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||171.04||Year High Date||2018-09-21|
|Year Low||138.92||Year Low Date||2018-02-09|
|52wk High||274.54||52wk High Date||2021-02-16|
|52wk Low||135.78||52wk Low Date||2020-03-23|
|Year End Close||55.27||Average Volume||53,318|