(SPMO) Invesco SP500 Momentum - Ratings and Ratios

The Invesco S&P 500® Momentum ETF (NYSE ARCA: SPMO) is designed to track the performance of approximately 100 stocks from the S&P 500® Index that exhibit the highest momentum characteristics. Momentum investing focuses on securities that have demonstrated strong recent performance, leveraging the tendency of such investments to sustain their relative performance. The fund typically invests at least 90% of its total assets in the securities of the underlying index. It is classified as a non-diversified investment company, meaning it can concentrate its investments in a smaller number of securities. For more information, visit http://www.invesco.com/us.

Ticker Symbol: SPMO
Exchange: NYSE ARCA
Type: ETF
Country Origin: USA
ETF Category: Large Blend

Average Volume 20d: 1,136,350
Last Price: $94.02
SMA 20: $89.42
SMA 50: $93.82
SMA 200: $92.75
ATR: 3.24

AUM: $5,089.01M USD

3-Month Forecast:
Based on the provided technical and fundamental data, the Invesco S&P 500 Momentum ETF (SPMO) is expected to maintain its upward trajectory in the short term. The funds moving averages (SMA 20: $89.42, SMA 50: $93.82, SMA 200: $92.75) indicate a bullish trend, with the price above the SMA 50 and SMA 200. The Average True Range (ATR) of 3.24 suggests moderate volatility, which could lead to price fluctuations within a range of $90 to $98 over the next three months. The funds large asset base ($5.089 billion AUM) and average daily volume of 1.14 million shares suggest liquidity, which may support price stability. Key support levels to watch include $90 and $92.50, while resistance levels may emerge around $96 and $98.