Oppenheimer (Thurs.)
Published: Jul 25, 2019
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

*No changes this week. The next evaluation will occur on Thursday, August 1st.

**In October 2018, Invesco announced the acquisition of OppenheimerFunds. As a result, the Oppenheimer US Revenue Model is now the Invesco US Revenue Model with the same NDW symbol (OPPREV). Effective August 1st, the OPPREV model will be maintained in the Invesco ETF Report, which is published each Monday morning at 9:30 am. The model rules will remain the same. If you have any questions, please call our research team at 804-320-8511.

Today we want to direct your attention to the Invesco S&P 500 Revenue ETF RWL, one of the four funds in the Invesco US Revenue Model OPPREV inventory. Earlier this month, RWL broke a spread triple top at $54, marking the second consecutive buy signal on the chart. At current levels, RWL is just one box away from testing significant resistance at $55 and is just two boxes away from a new all-time high. At this time, RWL has the strongest fund score out of the four ETFs in the OPPREV inventory at 4.48 with a 1.76 score direction. Although the technical weight of the evidence is positive, OPPREV is in overbought territory here with an OBOS% reading of 70%. From current levels, initial support is offered at $50. Note RWL offers a yield of 1.84%.

Ticker Name Report
OVLU Oppenheimer Russell 1000 Value Factor ETF Buy Signal Report
OVLU Oppenheimer Russell 1000 Value Factor ETF Daily Breakout Report
OVLU Oppenheimer Russell 1000 Value Factor ETF Trend Changes
REEM Oppenheimer Emerging Markets Revenue ETF Stocks Whose Price Has Crossed Below The 150 Day Moving Average
RWJ Invesco S&P Small Cap 600 Revenue ETF Stocks Whose Price Has Crossed Above The 50 Day Moving Average
RDIV Invesco S&P Ultra Dividend Revenue ETF Stocks Whose Group Risk Has Changed
RWW Oppenheimer S&P Financials Revenue ETF Stocks Whose Group Risk Has Changed
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF Daily Momentum Changes
OSIZ Oppenheimer Russell 1000 Size Factor ETF Daily Momentum Changes
OYLD Oppenheimer Russell 1000 Yield Factor ETF Daily Momentum Changes
RDIV Invesco S&P Ultra Dividend Revenue ETF Daily Momentum Changes
RWJ Invesco S&P Small Cap 600 Revenue ETF Daily Momentum Changes
RWW Oppenheimer S&P Financials Revenue ETF Daily Momentum Changes
ESGF Oppenheimer Global ESG Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
ESGL Oppenheimer ESG Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
OQAL Oppenheimer Russell 1000 Quality Factor ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
OSIZ Oppenheimer Russell 1000 Size Factor ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
OVLU Oppenheimer Russell 1000 Value Factor ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
OYLD Oppenheimer Russell 1000 Yield Factor ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
RDIV Invesco S&P Ultra Dividend Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
RGLB Oppenheimer Global Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
RWJ Invesco S&P Small Cap 600 Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
RWK Invesco S&P Mid Cap 400 Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
RWL Invesco S&P 500 Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
RWW Oppenheimer S&P Financials Revenue ETF Stocks Whose Daily Momentum Has Changed From Negative To Positive
OVLU Oppenheimer Russell 1000 Value Factor ETF Change In Trend Report
REEM Oppenheimer Emerging Markets Revenue ETF Moving Average Report
OVLU Oppenheimer Russell 1000 Value Factor ETF Stocks Whose Trend Has Changed From Negative To Positive
REEM Oppenheimer Emerging Markets Revenue ETF Stocks 50 Day MAvg Crossed Above 200 Day MAvg
Data as of 07/24/2019

Invesco US Revenue Model


Group Symbol Percent
Cash CASH$ 0.00%
Invesco S&P Mid Cap 400 Revenue ETF TR All US Mid Cap RWK.TR 19.99%
Invesco S&P Small Cap 600 Revenue ETF TR All US Small Cap RWJ.TR 20.01%
Invesco S&P 500 Revenue ETF TR Growth-Domestic RWL.TR 19.99%
Invesco S&P Ultra Dividend Revenue ETF TR Growth & Income RDIV.TR 40.01%
* Denotes a security that is closed to investors.

Score change monthly period began 06/25/2019

Most Requested Symbols