Taking everything into account, SPMO scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPMO is showing a nice and steady performance.
Besides having an excellent technical rating, SPMO 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 121.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 119.92, a Stop Loss order could be placed below this zone.
More info and screens
81.38
We found 4 important support areas.
- A support zone ranging from 118.90 to 119.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.23 to 115.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @88.03 from a trend line in the weekly time frame.
- Support @82.20 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 121.93 to 122.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @124.18 from a horizontal line in the daily time frame.
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 SPMO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPMO is up. |
| ChartMill Relative Strength | 76.04 | POSITIVE | SPMO has a high relative strength, it outperformed 76.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPMO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPMO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.61 | NEUTRAL | The RSI value for SPMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests SPMO has a positive trend. |
| Stochastics (14,3) | 88.07 | OVERBOUGHT | The high Stochastics value suggests SPMO may be overbought. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for SPMO suggests low volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for SPMO 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 |
|---|---|---|---|
| 122.13 | 118.89 | 3.24 (2.65%) | 25.00% |
| An entry @122.13. This is a Buy Stop order right above the resistance zone. | An exit @118.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.24 points, which is 2.65%. | For a 0.66% 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.
NYSEARCA:SPMO (12/29/2025, 11:04:09 AM)
120.534
-0.85 (-0.7%)
INVESCO S&P 500 MOMENTUM ETF / SPMO FAQ
What is the ChartMill technical rating of INVESCO S&P 500 MOMENTUM ETF (SPMO) stock?
ChartMill assigns a technical rating of 8 / 10 to SPMO.
What is the current trend direction of INVESCO S&P 500 MOMENTUM ETF (SPMO) stock?
The current trend direction for INVESCO S&P 500 MOMENTUM ETF (SPMO) is Bullish.
What is the RSI signal for SPMO stock?
INVESCO S&P 500 MOMENTUM ETF (SPMO) has an RSI value of 57.6144. This indicates that the stock is currently neutral.
What is the MACD signal for SPMO stock?
The MACD indicator for INVESCO S&P 500 MOMENTUM ETF (SPMO) has a value of 0.236245, indicating a bearish trend.
What is the short term momentum for SPMO stock?
The short term momentum for INVESCO S&P 500 MOMENTUM ETF (SPMO) is positive.