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QVMS - A Brief Bear Cycle Gives Way To A Bullish Shift In Market Breadth
November, 02 2021 11:22 AM
Invesco S&P SmallCap 600 QVM Multi-factor ETF
The percentage of stocks trading above their respective 50-day moving averages ended its downtrend. The apparent expansion in market breadth signals a broadly bullish shift in trading that should benefit more and more stocks. Trading in small caps and the economic signals critically important to small companies look to provide the key pivot point for market breadth. Even the percentage of stocks trading above their respective 200-day moving averages looks like it has finally bottomed. For further details see:
A Brief Bear Cycle Gives Way To A Bullish Shift In Market Breadth
Stock Information
Company Name:
Invesco S&P SmallCap 600 QVM Multi-factor ETF
Stock Symbol:
QVMS
Market:
NYSE
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