RSPM Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Moving Averages Convergence Divergence (MACD) indicator is 0.11, suggesting RSPM is Strong buy.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 20-Day simple moving average is 39.59, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 60-Day simple moving average is 39.19, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.

Technical Analysis for RSPM

Technical Sentiment Analysis for Invesco S&P 500 Equal Weight Materials ETF (RSPM). As of 2026-05-05, Invesco S&P 500 Equal Weight Materials ETF (RSPM) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 11 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RSPM stands at 52.3, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.11, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 22.95 and the Commodity Channel Index (CCI) at -73.59 further confirm a -0.43 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, RSPM is trading above its 60-day moving average of $39.19 and above its 200-day long-term moving average of $35.35. Key price levels to watch include the immediate resistance at $40.13 and strong support at $38.76. A break above $40.13 could signal a bull continuation, while falling below $38.76 may test the next Fibonacci floor at $38.12.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	37.39	38.12	38.76	39.49	40.13	40.86	41.5
Fibonacci	38.12	38.64	38.97	39.49	40.01	40.34	40.86

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Technical Indicators

2026-05-05

Name	Value
Relative Strength Index (RSI)	52.3
Stochastic Oscillator	22.95
Stochastic RSI	20.48
Commodity Channel Index (CCI)	-73.59
Awesome Oscillator	0.36
Momentum	-0.43
MACD	0.11

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Relative Strength Index (RSI) is 52.3, creating a Neutral signal.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Stochastic Oscillator is 22.95, creating a Neutral signal.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Stochastic RSI is 20.48, creating a Neutral signal.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Commodity Channel Index (CCI) is -73.59, creating a Neutral signal.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Awesome Oscillator is 0.36, creating a Buy signal.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Momentum is -0.43, creating a Sell signal.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) MACD is 0.11, creating a Buy signal.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) Moving Average

2026-05-05

Period	Simple	Signal
5-Day	39.23	Buy
10-Day	39.4	Buy
20-Day	39.59	Buy
60-Day	39.19	Buy
200-Day	35.35	Buy
250-Day	34.79	Buy

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 5-Day simple moving average is 39.23, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 10-Day simple moving average is 39.4, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 20-Day simple moving average is 39.59, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 60-Day simple moving average is 39.19, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 200-Day simple moving average is 35.35, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.

Invesco S&P 500 Equal Weight Materials ETF (RSPM) 250-Day simple moving average is 34.79, while Invesco S&P 500 Equal Weight Materials ETF (RSPM) share price is $40.5, making it Buy.