Stock Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
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 Jun 13th, 2022 at 167.74
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 171.23
The short-term trend has been DOWN since Jun 30th, 2022 at 155.58
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||152.275||52wk Low Date||2022-06-23|
|Year End Close||64.79||Average Volume||25,579|