Overall SPGP gets a technical rating of 5 out of 10. In the last year, SPGP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- SPGP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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 113.70 and 117.90.
SPGP has only a medium 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 115.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 115.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
103.53
When analyzing the support we can see 4 important areas.
- Support @113.57 from a horizontal line in the daily time frame.
- Support @111.13 from a horizontal line in the daily time frame.
- A support zone ranging from 106.50 to 108.95. 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 114.68 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 | UP | POSITIVE | The long term trend for SPGP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPGP is neutral. |
| ChartMill Relative Strength | 56.33 | 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) | 50.83 | 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) | 52.9 | NEUTRAL | The Stochastics value for SPGP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for SPGP suggests low volalility. |
| Average Directional Index/ADX (14) | 15.38 | NEGATIVE | The low ADX value for SPGP suggests a weak or negative trend. |
NYSEARCA:SPGP (2/5/2026, 3:38:18 PM)
114.27
-1.51 (-1.3%)
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 5 / 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 Bullish.
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 50.8283. 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 -0.160156, indicating a bearish trend.