Weekly Performance Report for RSPT ETF: Week 47, 2024
Summary: The Weekly started with RSPT ETF opening at $37.31 and closing at $37.61. The ETF showed resilience throughout the Weekly, with the highest price observed at $37.66 and the lowest at $37.08. The underlying asset had a trading range of $0.58 Overall, it was a positive trading Weekly for RSPT ETF, reflecting investor optimism and market activity.
Change in Closing Price: There was a net increase of $0.30 or 0.80% in the closing price from the opening to the closing price over the Weekly.
Volume Analysis: Trading volume for RSPT ETF was 791,093 units during Week 47, indicating active market participation and investor interest.
Opening Price: The Weekly started at $37.31.
Highest Price: The highest price observed during the Weekly was $37.66.
Lowest Price: The lowest price observed during the Weekly was $37.08.
Closing Price: The Weekly ended at $37.61.
Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.
-0.63%
Represents the percentage change in asset value over the past month.
0.97%
Indicates the percentage change in asset value over the last three months.
12.86%
The highest percentage drop from the peak value to the lowest point during the observed period.
19.55%
Shows how much the asset’s daily returns deviate from the average, annualized for the entire period.
1.04
Measures the average return earned in excess of the risk-free rate per unit of volatility, annualized.
1.59
The ratio of the annualized return to the maximum drawdown, reflecting the return per unit of risk.
Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.
Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:
Type/Period | |
---|---|
SMA | |
EMA | |
WMA | |
WEMA |
Pivot Points are used to determine potential support and resistance levels. Here’s a breakdown of the latest Pivot Points for various methods:
Type | S3 | S2 | S1 | PIVOT | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Technical Indicators are tools used to analyze market trends and make predictions. Here’s a summary of some key indicators:
Indicator | Value | Details |
---|---|---|
|
|
Candlestick patterns are crucial in technical analysis, providing visual insights into market sentiment and potential price movements. This section analyzes various candlestick patterns over a specified range of recent candles to identify any significant formations that might indicate future market trends. Each pattern is evaluated based on the latest candle data to determine if it matches known patterns of bullish or bearish signals.
The tool utilizes real-time price data to scan for these patterns, displaying results with timestamps to help understand the context of each detected pattern.
Timestamp | Pattern | Found |
---|---|---|
Pattern | Support |
---|---|
This section provides a detailed overview of historical price data for the selected asset. The table below captures key metrics such as open, high, low, and close prices as well as volume and vwap for each trading period. Analyzing historical prices helps in understanding past market trends and volatility, enabling better-informed decisions for future trading strategies.
Timestamp | Open | High | Low | Close | Volume | VWAP | Change |
---|---|---|---|---|---|---|---|
11/20/2024 08:00 PM | 37.39 | 37.66 | 37.37 | 37.64 | 70,873 | 37.57 | +0.25 +0.67% |
11/20/2024 07:00 PM | 37.30 | 37.41 | 37.28 | 37.40 | 21,079 | 37.34 | +0.10 +0.27% |
11/20/2024 06:00 PM | 37.34 | 37.35 | 37.26 | 37.30 | 32,435 | 37.31 | -0.04 -0.11% |
11/20/2024 05:00 PM | 37.43 | 37.43 | 37.27 | 37.31 | 16,864 | 37.36 | -0.12 -0.32% |
11/20/2024 04:00 PM | 37.39 | 37.45 | 37.22 | 37.43 | 16,026 | 37.31 | +0.04 +0.11% |
11/20/2024 03:00 PM | 37.37 | 37.43 | 37.18 | 37.38 | 146,090 | 37.28 | +0.01 +0.03% |
11/19/2024 08:00 PM | 37.46 | 37.53 | 37.44 | 37.52 | 41,406 | 37.50 | +0.06 +0.16% |
11/19/2024 07:00 PM | 37.56 | 37.57 | 37.43 | 37.48 | 21,226 | 37.49 | -0.08 -0.21% |
11/19/2024 06:00 PM | 37.40 | 37.57 | 37.40 | 37.56 | 20,829 | 37.49 | +0.16 +0.43% |
11/19/2024 05:00 PM | 37.40 | 37.45 | 37.37 | 37.43 | 9,926 | 37.42 | +0.03 +0.08% |
11/19/2024 04:00 PM | 37.30 | 37.42 | 37.29 | 37.40 | 17,993 | 37.38 | +0.10 +0.27% |
11/19/2024 03:00 PM | 37.16 | 37.32 | 37.12 | 37.32 | 16,081 | 37.25 | +0.16 +0.43% |
11/18/2024 08:00 PM | 37.41 | 37.43 | 37.35 | 37.41 | 54,258 | 37.40 | 0.00 0.00% |
11/18/2024 07:00 PM | 37.47 | 37.47 | 37.34 | 37.42 | 19,938 | 37.38 | -0.05 -0.13% |
11/18/2024 06:00 PM | 37.50 | 37.50 | 37.38 | 37.47 | 36,618 | 37.43 | -0.03 -0.08% |
11/18/2024 05:00 PM | 37.45 | 37.51 | 37.41 | 37.51 | 11,117 | 37.45 | +0.06 +0.16% |
11/18/2024 04:00 PM | 37.50 | 37.56 | 37.43 | 37.44 | 30,045 | 37.50 | -0.06 -0.16% |
11/18/2024 03:00 PM | 37.18 | 37.46 | 37.18 | 37.46 | 10,879 | 37.35 | +0.28 +0.75% |
11/15/2024 08:00 PM | 37.20 | 37.27 | 37.17 | 37.24 | 57,169 | 37.23 | +0.04 +0.11% |
11/15/2024 07:00 PM | 37.26 | 37.26 | 37.17 | 37.21 | 25,479 | 37.22 | -0.05 -0.13% |
11/15/2024 06:00 PM | 37.26 | 37.28 | 37.21 | 37.23 | 46,137 | 37.26 | -0.03 -0.08% |
11/15/2024 05:00 PM | 37.28 | 37.30 | 37.21 | 37.26 | 21,551 | 37.27 | -0.02 -0.05% |
11/15/2024 04:00 PM | 37.35 | 37.43 | 37.26 | 37.27 | 17,655 | 37.34 | -0.08 -0.21% |
11/15/2024 03:00 PM | 37.62 | 37.62 | 37.31 | 37.36 | 30,550 | 37.43 | -0.26 -0.69% |
11/14/2024 08:00 PM | 38.14 | 38.15 | 37.98 | 38.03 | 84,644 | 38.05 | -0.11 -0.29% |
11/14/2024 07:00 PM | 38.08 | 38.21 | 38.08 | 38.19 | 17,260 | 38.17 | +0.11 +0.29% |
11/14/2024 06:00 PM | 38.12 | 38.21 | 38.08 | 38.08 | 78,264 | 38.20 | -0.04 -0.10% |
11/14/2024 05:00 PM | 38.11 | 38.15 | 37.99 | 38.15 | 28,451 | 38.08 | +0.04 +0.10% |
11/14/2024 04:00 PM | 38.18 | 38.23 | 38.13 | 38.13 | 13,208 | 38.19 | -0.05 -0.13% |
11/14/2024 03:00 PM | 38.17 | 38.23 | 38.13 | 38.17 | 18,906 | 38.18 | 0.00 0.00% |
11/13/2024 08:00 PM | 38.43 | 38.50 | 38.37 | 38.42 | 57,134 | 38.43 | -0.01 -0.03% |
11/13/2024 07:00 PM | 38.63 | 38.63 | 38.42 | 38.45 | 20,545 | 38.51 | -0.18 -0.47% |
11/13/2024 06:00 PM | 38.61 | 38.65 | 38.59 | 38.63 | 16,091 | 38.62 | +0.02 +0.05% |
11/13/2024 05:00 PM | 38.62 | 38.65 | 38.56 | 38.61 | 23,813 | 38.61 | -0.01 -0.03% |
11/13/2024 04:00 PM | 38.60 | 38.66 | 38.56 | 38.64 | 20,079 | 38.61 | +0.04 +0.10% |
Take control of your trading with RankMyTrade. Our platform offers unparalleled analysis and technical support for RSPT, designed to enhance your market performance. Start optimizing your trades today today and experience the difference with our expert tools!
Get Advanced Analysis NowAs of the latest update, RSPT has an expense ratio of approximately 0.40%. This fee is deducted from the fund’s assets and covers the cost of managing the ETF.
RSPT typically distributes dividends on a quarterly basis. These dividends are paid from the income generated by the underlying securities in the ETF’s portfolio.
Historically, RSPT’s performance reflects the trends in the technology sector, adjusted for the equal weighting of its constituents. Performance can vary based on technological advancements, market conditions, and the financial health of individual companies within the sector.
RSPT is rebalanced quarterly to align with changes in the S&P 500 Equal Weight Technology Index. This rebalancing ensures that each constituent maintains an equal weight within the ETF.
RSPT includes technology companies that are part of the S&P 500 Index. These companies are involved in sectors such as software, hardware, IT services, and electronics. Each company in the index is given an equal weight.
Similar ETFs to RSPT include the Technology Select Sector SPDR Fund (XLC) and the Invesco S&P 500 Equal Weight ETF (RSP). These ETFs also focus on technology stocks or use an equal weighting approach but may differ in their specific focus or index.
Yes, RSPT can be held in retirement accounts such as IRAs or 401(k)s. It can be a suitable choice for investors seeking targeted exposure to the technology sector within their retirement portfolio.
Dividends received from the underlying securities in RSPT are collected and distributed to ETF shareholders. Investors can choose to receive dividends in cash or reinvest them to purchase additional shares of RSPT.
RSPT is managed by Invesco. The fund seeks to replicate the performance of the S&P 500 Equal Weight Technology Index by holding the same stocks in equal proportions as the index. The management involves periodic rebalancing to ensure that the ETF maintains equal weight for each constituent stock.
Key performance metrics for RSPT include its net asset value (NAV), expense ratio, total return, and tracking error. NAV represents the per-share value of the ETF, the expense ratio indicates the cost of managing the fund, total return measures overall performance including dividends, and tracking error shows how closely RSPT follows the S&P 500 Equal Weight Technology Index.
Discover our curated selection of top-performing exchange-traded funds (ETFs) that represent a diverse range of investment opportunities.
SPY is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P 500 Index. The S&P 500 Index includes 500 of the largest publicly traded companies in the United States, representing a broad cross-section of the U.S. economy.
QQQ is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. This index includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, primarily focusing on technology and innovation sectors.
DIA is an exchange-traded fund (ETF) that aims to track the performance of the Dow Jones Industrial Average (DJIA). The DJIA is a stock market index consisting of 30 large, publicly traded companies in the United States, representing a broad range of industries.
IWM is an exchange-traded fund (ETF) that seeks to track the performance of the Russell 2000 Index. The Russell 2000 Index measures the performance of the 2,000 smallest stocks in the Russell 3000 Index, representing a broad segment of small-cap U.S. companies.
Revolutionize your investment in RSPT with Rank My Trade Platform’s innovative trading solutions. Benefit from our comprehensive risk management features and sophisticated price analysis tools. Boost your investment success with us with Rank My Trade Platform now and achieve better trading outcomes!
The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.
With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.
Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.
Securities products are: Not FDIC insured · Not bank guaranteed · May lose value
Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.