INVESCO S&P 500 MOMENTUM ETF (SPMO) Stock Technical Analysis
NYSEARCA:SPMO - NYSE Arca - US46138E3392 - ETF - Currency: USD
Taking everything into account, SPMO scores 10 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SPMO did better than 83% of all other stocks. We also observe that the gains produced by SPMO over the past year are nicely spread over this period.
SPMO 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 SPMO is lagging the market slightly.
SPMO has an average volume of 1692270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SPMO has a been trading in the 112.30 - 119.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPMO 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
81.38
119.71
When analyzing the support we can see 4 important areas.
- Support @96.89 from a horizontal line in the daily time frame.
- Support @89.49 from a trend line in the weekly time frame.
- Support @85.32 from a trend line in the weekly time frame.
- Support @82.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 115.68 to 118.52. 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 SPMO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPMO is up. |
| ChartMill Relative Strength | 83.39 | POSITIVE | SPMO has a high relative strength, it outperformed 83.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPMO is below 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) | 52.64 | NEUTRAL | The RSI value for SPMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests SPMO has a negative trend. |
| Stochastics (14,3) | 66.26 | NEUTRAL | The Stochastics value for SPMO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for SPMO suggests low volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for SPMO suggests a possible start of a new 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)
NYSEARCA:SPMO (8/20/2025, 10:06:08 AM)
114.01
-1.68 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.45%
1 Week-2.39%
2 Weeks0.83%
1 Month2.51%
3 Month12.48%
6 Month15.79%
12 Month29.1%
2 Year98.54%
3 Year112.82%
5 Year126.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.63
ATR(20)%1.24%
ATR Inc-13.14%
Range Today1.58
ADR(20)1.26
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.39
Mansfield0.73
10 Day High119.07
10 Day Low114.77
20 Day High119.07
20 Day Low112.3
52 Week High119.07
52 Week Low78.25
CS1 End115.68
CR1 Start116.01
Volume & EV
DER(3)-2.41%
DER(5)-3.18%
Volume507.32K
Volume Incr-6.79%
Vol(5)1.70M
Vol(50)1.69M