INVESCO S&P 100 EQUAL WEIGHT (EQWL) Stock Technical Analysis
NYSEARCA:EQWL - NYSE Arca - US46137V4499 - ETF - Currency: USD
Overall EQWL gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EQWL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, EQWL did better than 73% of all other stocks. On top of that, EQWL also shows a nice and consistent pattern of rising prices.
EQWL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EQWL has a been trading in a tight range between 104.69 and 108.28.
EQWL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 106.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EQWL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
96.88
109.36
We found 3 important support areas.
- A support zone ranging from 104.89 to 106.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 100.56 to 103.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 107.13 to 108.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.36
Mansfield0.04
10 Day High108.28
10 Day Low105.56
20 Day High108.28
20 Day Low104.69
52 Week High108.28
52 Week Low89.82
Performance
1 Week-0.56%
2 Weeks0.31%
1 Month0.33%
3 Month0.31%
6 Month7.2%
12 Month17.05%
2 Year38.68%
3 Year30.88%
5 Year93.48%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)54.47
LBB105.29
UBB108.46
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 107.14 | 105.55 | 1.59 (1.48%) | 25.00% |
| An entry @107.14. This is a Buy Stop order right above the 10 day moving average. | An exit @105.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.59 points, which is 1.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:EQWL (2/21/2025, 8:16:00 PM)
106.88
-1.18 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.09%
1 Week-0.56%
2 Weeks0.31%
1 Month0.33%
3 Month0.31%
6 Month7.2%
12 Month17.05%
2 Year38.68%
3 Year30.88%
5 Year93.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%0.87%
ATR Inc28.99%
Range Today1.36
ADR(20)0.89
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.36
Mansfield0.04
10 Day High108.28
10 Day Low105.56
20 Day High108.28
20 Day Low104.69
52 Week High108.28
52 Week Low89.82
CS1 End106.81
CR1 Start107.13
Volume & EV
DER(3)4.55%
DER(5)-0.1%
Volume48.30K
Volume Incr-4.57%
Vol(5)67.90K
Vol(50)75.90K