INVESCO S&P MIDCAP 400 PURE (RFV) Stock Technical Analysis
NYSEARCA:RFV - NYSE Arca - US46137V1917 - ETF - Currency: USD
Taking everything into account, RFV scores 8 out of 10 in our technical rating. Although RFV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: RFV has an average volume of 7676 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
RFV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RFV is lagging the market slightly.
In the last month RFV has a been trading in the 118.14 - 131.03 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, RFV outperforms 66% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
RFV has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
103.92
132.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 125.03 to 127.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 120.51 to 121.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.83 from a horizontal line in the daily time frame.
- Support @104.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 128.61 to 131.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RFV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFV is up. |
| ChartMill Relative Strength | 66.66 | NEUTRAL | RFV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.92 | NEUTRAL | The RSI value for RFV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests RFV has a negative trend. |
| Stochastics (14,3) | 51.7 | NEUTRAL | The Stochastics value for RFV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for RFV suggests low volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for RFV suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
127.8
+1.84 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.46%
1 Week-2.02%
2 Weeks0.01%
1 Month5.52%
3 Month15.18%
6 Month-1.24%
12 Month6.98%
2 Year15.52%
3 Year40.09%
5 Year141.4%
10 Year142.09%
15 Year336.6%
Volatility
ATR(14)2.07
ATR(20)%1.48%
ATR Inc-21.79%
Range Today1.4
ADR(20)1.59
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.66
Mansfield-0.22
10 Day High131.03
10 Day Low124.43
20 Day High131.03
20 Day Low118.14
52 Week High131.74
52 Week Low96.78
CS1 End125.66
CR1 Start126.57
Volume & EV
DER(3)-1.27%
DER(5)-1.29%
Volume2.87K
Volume Incr36.85%
Vol(5)11.66K
Vol(50)7.68K