Invesco S&P 500 Equal Weight ET (RSP)

Invesco S&P 500 Equal Weight ET is trading at $220.71, down 0.04% on the session. The 50 day average sits at $213.77 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 70.1, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $213.06 with resistance near $222.96, so that band frames the current range. Average daily movement is roughly $1.95, or about 0.9% of the share price, which is what any stop placement has to allow for. The overall health score of 75 out of 100 combines a trend score of 72, momentum of 69 and a risk score of 90.

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which consists of all of the of the S&P 500® Index.