EQWL Stock Invesco S&P 100 Equal Weight ETF (EQWL, $94.19) entered Uptrend as Momentum indicator ascends above 0 level on Jun 07, 2024

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EQWL - Invesco S&P 100 Equal Weight ETF

Momentum signal

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Odds of UP Trend

Price: $94.19

Daily change: +$0.06 (+0.07%)

Daily volume: 67.5K

Net Assets: $659.8M

EQWL's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for EQWL turned positive on November 07, 2024. Looking at past instances where EQWL's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on EQWL as a result. In of 70 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EQWL advanced for three days, in of 377 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 379 cases where EQWL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for EQWL moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 56 similar instances where the indicator moved out of overbought territory. In of the 56 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

EQWL broke above its upper Bollinger Band on November 06, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.