Invesco S&P 500 Quality ETF (SPHQ)

Invesco S&P 500 Quality ETF is trading at $86.85, down 0.98% on the session. The 50 day average sits at $86.61 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 58.8, which reads as strong, and MACD is bullish crossover. Volume is above average.

The nearest support is around $86.37 with resistance near $87.81, so that band frames the current range. Average daily movement is roughly $1.19, or about 1.4% of the share price, which is what any stop placement has to allow for. The overall health score of 73 out of 100 combines a trend score of 56, momentum of 78 and a risk score of 92.

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. In selecting constituent securities for the underlying index, the index provider calculates the quality score of each security in the S&P 500® Index, then selects the 100 stocks with the highest quality score for inclusion in the underlying index.