INVESCO S&P 500 MOMENTUM ETF (SPMO) Stock Technical Analysis
NYSEARCA:SPMO - NYSE Arca - US46138E3392 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to SPMO. In the last year, SPMO was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SPMO did better than 84% of all other stocks. On top of that, SPMO also shows a nice and consistent pattern of rising prices.
SPMO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SPMO has an average volume of 1135000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SPMO has a been trading in the 97.21 - 103.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SPMO has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
92.96
104.29
When analyzing the support we notice one important area.
- A support zone ranging from 93.90 to 96.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.10 to 103.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.4
Mansfield0.47
10 Day High103.44
10 Day Low99.67
20 Day High103.44
20 Day Low97.21
52 Week High103.44
52 Week Low74.4
Performance
1 Week-3.24%
2 Weeks-2.88%
1 Month-1.51%
3 Month4.53%
6 Month11.49%
12 Month30.52%
2 Year85.22%
3 Year68.82%
5 Year152.36%
10 YearN/A
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)-0.27
RSI(14)45.8
LBB99.9
UBB104.36
NYSEARCA:SPMO (2/21/2025, 8:04:00 PM)
After market: 100.634 +0.72 (+0.72%)99.91
-2 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.96%
1 Week-3.24%
2 Weeks-2.88%
1 Month-1.51%
3 Month4.53%
6 Month11.49%
12 Month30.52%
2 Year85.22%
3 Year68.82%
5 Year152.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%1.42%
ATR Inc81.3%
Range Today2.4
ADR(20)1.16
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.4
Mansfield0.47
10 Day High103.44
10 Day Low99.67
20 Day High103.44
20 Day Low97.21
52 Week High103.44
52 Week Low74.4
CS1 End96.37
CR1 Start100.1
Volume & EV
DER(3)0.17%
DER(5)-1.54%
Volume1.41M
Volume Incr-15.94%
Vol(5)1.12M
Vol(50)1.14M