(RSPC) Invesco SP500 Equal Weight - Ratings and Ratios

The Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is designed to track the performance of the S&P 500 Equal Weight Communication Services Index, which includes companies classified under the communication services sector within the S&P 500. The fund typically allocates at least 90% of its assets to securities in the underlying index, which is rebalanced quarterly to ensure equal weighting among its constituents. This approach contrasts with market-cap-weighted indices, potentially offering more balanced exposure to the sector. The index maintains a minimum of 22 companies at each rebalance, ensuring diversification within the communication services sector. As a non-diversified fund, it may hold a smaller number of securities compared to diversified funds, which can result in higher volatility.

Ticker Symbol: RSPC | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Communications

Based on the provided and , here is a 3-month forecast:

Over the next three months, RSPC is expected to trade within a narrow range, with potential resistance near $36.50 (SMA 20) and support around $34.80 (SMA 50). The average true range (ATR) of 0.36 suggests moderate volatility, with daily price fluctuations expected to remain contained. The funds assets under management (AUM) of $47.92M indicate modest liquidity, which may impact trading volumes during periods of high market uncertainty. The SMA 200 at $32.60 provides a longer-term support level, signaling potential buying interest if the price retraces further.