(RCD) Invesco SP500 Equal Weight - Ratings and Ratios

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) is designed to track the performance of the S&P 500 Consumer Discretionary Equal Weight Index. The fund invests at least 90% of its total assets in securities that comprise the underlying index, which includes all consumer discretionary companies within the S&P 500. These companies are classified under the Global Industry Classification Standard (GICS) and span sectors such as retail, automotive, leisure, and entertainment. Unlike market-cap-weighted indices, this ETF uses an equal-weight approach, meaning each company in the index has the same influence on performance. This approach can reduce concentration risk and provide exposure to a broader range of consumer discretionary firms. For more details, visit www.invesco.com/us.

Ticker: RCD Exchange: NYSE Type: ETF Category: Consumer Cyclical

Based on the provided data, the three-month forecast for RCD suggests cautious optimism. The funds average volume of 25,549 shares indicates moderate trading activity, while the last price of $24.59 reflects current market sentiment. The SMA 20, SMA 50, and SMA 200 at $25.23, $26.88, and $44.29, respectively, point to a potential downtrend in the near term. However, the ATR of 0.16 suggests low volatility, indicating stable price movements. The AUM of $342.24M USD underscores the funds liquidity and investor interest. Overall, RCD is expected to remain range-bound with limited upside potential, supported by its equal-weight strategy and the consumer discretionary sectors resilience.