Overall SPHB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPHB is showing a nice and steady performance.
SPHB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 119.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 119.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPHB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
102.60
We found 5 important support areas.
- A support zone ranging from 117.59 to 119.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 112.19 to 114.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @110.21 from a trend line in the daily time frame.
- A support zone ranging from 106.39 to 107.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 103.64 to 104.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 119.62 to 121.00. 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 SPHB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPHB is up. |
| ChartMill Relative Strength | 84.26 | POSITIVE | SPHB has a high relative strength, it outperformed 84.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPHB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPHB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPHB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.63 | NEUTRAL | The RSI value for SPHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SPHB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.77 | NEUTRAL | The Stochastics value for SPHB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for SPHB suggests low volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for SPHB suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 121.01 | 117.58 | 3.43 (2.83%) | 25.00% |
| An entry @121.01. This is a Buy Stop order right above the resistance zone. | An exit @117.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.43 points, which is 2.83%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
119.61
-0.27 (-0.23%)
INVESCO S&P 500 HIGH BETA ET / SPHB FAQ
What is the technical rating for SPHB stock?
ChartMill assigns a technical rating of 10 / 10 to SPHB.
What is the current trend direction of INVESCO S&P 500 HIGH BETA ET (SPHB) stock?
The current trend direction for INVESCO S&P 500 HIGH BETA ET (SPHB) is Bullish.
What is the RSI signal for INVESCO S&P 500 HIGH BETA ET (SPHB) stock?
INVESCO S&P 500 HIGH BETA ET (SPHB) has an RSI value of 60.63. This indicates that the stock is currently neutral.
What is the short term momentum for INVESCO S&P 500 HIGH BETA ET (SPHB) stock?
The short term momentum for INVESCO S&P 500 HIGH BETA ET (SPHB) is positive.
What is the buy/sell signal for SPHB stock?
The buy/sell signal for INVESCO S&P 500 HIGH BETA ET (SPHB) is buy as both the short term and long term trends are positive.