Invesco S&P MidCap Quality ETF (XMHQ)

Invesco S&P MidCap Quality ETF is trading at $114.23, up 0.78% on the session. The 50 day average sits at $116.24 and the 200 day at $109.93, which puts the stock in a uptrend. RSI is at 43.4, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $113.08 with resistance near $115.41, so that band frames the current range. Average daily movement is roughly $1.21, or about 1.1% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 57, momentum of 30 and a risk score of 74.

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 is composed of a subset of securities from the S&P MidCap 400® Index that the index provider has determined to have high “quality”.