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Invesco Russell 1000 Low Beta Equal Weight ETF Trust II (USLB) Stock Technical Analysis

NASDAQ:USLB - Nasdaq - US46138E4127 - ETF - Currency: USD

35.72  +0.05 (+0.14%)

Technical Rating and Analysis

1

Taking everything into account, USLB scores 1 out of 10 in our technical rating. USLB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
USLB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month USLB has a been trading in the 35.65 - 39.40 range, which is quite wide. It is currently trading near the lows of this range.
Warning: USLB has an average volume of 4294 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, USLB outperforms 40% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Invesco Russell 1000 Low Beta Equal Weight ETF Trust II / USLB Weekly stock chart
Invesco Russell 1000 Low Beta Equal Weight ETF Trust II / USLB Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, USLB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

34.49

41.81

When analyzing the support we notice one important area.

  • A support zone ranging from 34.84 to 35.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 36.85 to 36.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 38.39 to 38.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 39.52 to 40.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @41.40 from a horizontal line in the weekly time frame.
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
CRS40.78
Mansfield-0.74
10 Day High35.97
10 Day Low35.65
20 Day High39.4
20 Day Low35.65
52 Week High41.71
52 Week Low34.03
Performance
1 Week-0.54%
2 Weeks-1.11%
1 Month-8.25%
3 Month-5.46%
6 Month4.96%
12 Month-11.67%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.03
RSI(14)25.43
LBB35.41
UBB36.63
Invesco Russell 1000 Low Beta Equal Weight ETF Trust II / USLB Daily stock chart

35.72

+0.05 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week-0.54%
2 Weeks-1.11%
1 Month-8.25%
3 Month-5.46%
6 Month4.96%
12 Month-11.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%0.86%
ATR Inc-59.44%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.78
Mansfield-0.74
10 Day High35.97
10 Day Low35.65
20 Day High39.4
20 Day Low35.65
52 Week High41.71
52 Week Low34.03
CS1 End35.03
CR1 Start36.85
Volume & EV
DER(3)-0.03%
DER(5)-0.19%
Volume100
Volume Incr9371.79%
Vol(5)36.94K
Vol(50)4.29K