Invesco S&P 500 Pure Growth ETF (RPG)

Invesco S&P 500 Pure Growth ETF is trading at $53.18, down 4.21% on the session. The 50 day average sits at $57.69 and the 200 day at $54.86, which puts the stock in a uptrend. RSI is at 31.4, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $52.90 with resistance near $58.29, so that band frames the current range. Average daily movement is roughly $1.27, or about 2.4% of the share price, which is what any stop placement has to allow for. The overall health score of 39 out of 100 combines a trend score of 33, momentum of 25 and a risk score of 67.

The fund is an index fund that seeks to track the investment results of the underlying index. In accordance with Rule 35d-1 under the 1940 Act, the fund manager has adopted a policy to invest, under normal circumstances, at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in the components of the underlying index and in derivatives and other investments that have economic characteristics similar to the components of the underlying index (the “80% investment policy”).