


Technical Sentiment Analysis for Invesco S&P 500 Equal Weight Materials ETF (RSPM). As of 2026-03-24, Invesco S&P 500 Equal Weight Materials ETF (RSPM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 6 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RSPM stands at 44.91, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.53, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 23.57 and the Commodity Channel Index (CCI) at -75.99 further confirm a -0.48 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RSPM is trading above its 60-day moving average of $37.96 and above its 200-day long-term moving average of $34.45. Key price levels to watch include the immediate resistance at $38.9 and strong support at $36.09. A break above $38.9 could signal a bull continuation, while falling below $36.09 may test the next Fibonacci floor at $34.63.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 33.27 | 34.63 | 36.09 | 37.44 | 38.9 | 40.26 | 41.72 |
| Fibonacci | 34.63 | 35.7 | 36.37 | 37.44 | 38.52 | 39.18 | 40.26 |
2026-03-24
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 44.91 |
| Stochastic Oscillator | 23.57 |
| Stochastic RSI | 12.54 |
| Commodity Channel Index (CCI) | -75.99 |
| Awesome Oscillator | -2.1 |
| Momentum | -0.48 |
| MACD | -0.53 |
2026-03-24
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 36.95 | Buy |
| 10-Day | 37.55 | Buy |
| 20-Day | 38.44 | Sell |
| 60-Day | 37.96 | Sell |
| 200-Day | 34.45 | Buy |
| 250-Day | 33.74 | Buy |