Invesco S&P 500 High Beta ETF (SPHB)

Invesco S&P 500 High Beta ETF is trading at $146.86, down 3.14% on the session. The 50 day average sits at $147.74 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 58.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $142.35 with resistance near $153.31, so that band frames the current range. Average daily movement is roughly $3.61, or about 2.5% of the share price, which is what any stop placement has to allow for. The overall health score of 68 out of 100 combines a trend score of 56, momentum of 79 and a risk score of 71.

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to measure the performance of the 100 constituents of the S&P 500® Index that have the highest sensitivity to market returns, or “beta,” over the past 12 months as determined by the index provider. The fund is non-diversified.