INVESCO S&P 500 GARP ETF (SPGP) Technical Analysis
NYSEARCA:SPGP • US46137V4317
We assign a technical rating of 2 out of 10 to SPGP. SPGP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- SPGP 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 SPGP is lagging the market slightly.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, SPGP turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- In the last month SPGP has a been trading in a tight range between 111.59 and 118.08.
SPGP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 114.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.59, a Stop Loss order could be placed below this zone.
More info and screens
103.53
3 important support areas can be observed.
- A support zone ranging from 113.57 to 114.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 106.50 to 111.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.58 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 114.98 to 117.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for SPGP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPGP is down. |
| ChartMill Relative Strength | 56.35 | NEUTRAL | SPGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPGP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPGP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.94 | NEUTRAL | The RSI value for SPGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SPGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.94 | NEUTRAL | The Stochastics value for SPGP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for SPGP suggests low volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for SPGP suggests a weak or negative trend. |
SPGP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:SPGP (3/4/2026, 8:04:00 PM)
114.64
+0.76 (+0.67%)
INVESCO S&P 500 GARP ETF / SPGP FAQ
What is the ChartMill technical rating of INVESCO S&P 500 GARP ETF (SPGP) stock?
ChartMill assigns a technical rating of 2 / 10 to SPGP.
Can you provide the trend direction for INVESCO S&P 500 GARP ETF?
The current trend direction for INVESCO S&P 500 GARP ETF (SPGP) is Bearish.
Can you provide the RSI signal for INVESCO S&P 500 GARP ETF?
INVESCO S&P 500 GARP ETF (SPGP) has an RSI value of 46.9447. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO S&P 500 GARP ETF (SPGP) stock?
The MACD indicator for INVESCO S&P 500 GARP ETF (SPGP) has a value of -0.158388, indicating a bearish trend.