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INVESCO S&P ULTRA DIVIDEND (RDIV) Stock Technical Analysis

NYSEARCA:RDIV - NYSE Arca - US46138G6567 - ETF - Currency: USD

50.02  -0.46 (-0.91%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to RDIV. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RDIV is only an average performer.

The long and short term trends are both positive. This is looking good!
RDIV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RDIV is lagging the market slightly.
When compared to the yearly performance of all other stocks, RDIV outperforms 64% of them, which is more or less in line with the market.
In the last month RDIV has a been trading in a tight range between 48.42 and 50.52.
Weekly and Daily overview Charts
INVESCO S&P ULTRA DIVIDEND / RDIV Weekly stock chart
INVESCO S&P ULTRA DIVIDEND / RDIV Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, RDIV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 49.83, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

45.44

53.33

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 47.26 to 49.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @45.90 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @51.35 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 52.80 to 52.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.07
Mansfield-0.24
10 Day High50.52
10 Day Low48.91
20 Day High50.52
20 Day Low48.42
52 Week High53.02
52 Week Low42.51
Performance
1 Week0.36%
2 Weeks1.57%
1 Month1.62%
3 Month-4.23%
6 Month2.21%
12 Month14.78%
2 Year12.86%
3 Year19.12%
5 Year52.13%
10 Year63.79%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)55.96
LBB48.59
UBB50.68
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
50.5348.901.63 (3.24%)25.00%
An entry @50.53. This is a Buy Stop order right above the 10 day high.An exit @48.90. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.63 points, which is 3.24%.For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
INVESCO S&P ULTRA DIVIDEND / RDIV Daily stock chart

INVESCO S&P ULTRA DIVIDEND

NYSEARCA:RDIV (2/21/2025, 8:04:01 PM)

50.02

-0.46 (-0.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.91%
1 Week0.36%
2 Weeks1.57%
1 Month1.62%
3 Month-4.23%
6 Month2.21%
12 Month14.78%
2 Year12.86%
3 Year19.12%
5 Year52.13%
10 Year63.79%
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.01%
ATR Inc-13.11%
Range Today0.46
ADR(20)0.47
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.07
Mansfield-0.24
10 Day High50.52
10 Day Low48.91
20 Day High50.52
20 Day Low48.42
52 Week High53.02
52 Week Low42.51
CS1 End49.83
CR1 Start51.35
Volume & EV
DER(3)-3%
DER(5)-0.91%
Volume26.30K
Volume Incr-18.83%
Vol(5)47.30K
Vol(50)49.09K