Invesco Weekly Feature | Nasdaq Dorsey Wright

Invesco Weekly Feature

Published: March 23, 2026

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.

With no changes to any of the Invesco models this week, we look at the Invesco S&P Equal Weight Industrials ETF (RSPN).

There are no changes to any of the Invesco models this week. While there has been significant shuffling in the DALI sector rankings over the last month, industrials have ranked in the top three for most of the last 12 months, making it one of the more reliable areas of relative strength recently. Investors looking to add exposure to the sector may wish to consider the Invesco S&P Equal Weight Industrials ETF (RSPN).

RSPN currently has a strong 5.08 fund score, which is 0.93 points better than average for all industrials funds, and a positive 0.82 score direction. It has also been on a market RS buy signal for more than five years. The fund reached a fresh all-time at $64 in February and has now pulled back below the middle of its trading band. RSPN now sits one the verge of heavily oversold territory, offering an entry point for long exposure.

Although the fund shows no significant nearby support on its default chart, on its more sensitive $0.50-per-box chart, RSPN now sits one box above its bullish support line at $57, with additional support afforded at $53.50. Year-to-date (through 3/20) RSPN has gained 1.61% on a price return basis, outperforming the S&P 500 (SPX) by more than 6.5%.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. PowerShares has arranged with Dorsey, Wright to provide this specialized ETF Point & Figure Analysis page on PowerShares sponsored products. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included herein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither Dorsey, Wright nor PowerShares through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations, and rules including NASD Rules 2090 and 2111. The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or PowerShares. If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the PowerShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.powershares.com.