Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Invesco S&P 500 Equal Weight Technology ETF (PACF:RYT)
Bull Market Weakness (+75) - RYT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYT as it may be in the beginning stages of a reversal.
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 DOWN since Sep 14th, 2021 at 298.5100
The short-term trend has been UP since Oct 14th, 2021 at 292.1400
Smart Scan Analysis for RYT
Based on our trend formula, RYT is rated as a +75 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||306.69||52wk High Date||2021-08-31|
|52wk Low||204.9727||52wk Low Date||2020-10-30|
|Year End Close||55.27||Average Volume||25,259|