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INVESCO S&P MIDCAP 400 EQUAL (EWMC) Stock Technical Analysis

NYSEARCA:EWMC - NYSE Arca - US46137V2253 - ETF - Currency: USD

89.7636  +0.19 (+0.22%)

After market: 89.9 +0.14 (+0.15%)

Technical Rating and Analysis

4

Overall EWMC gets a technical rating of 4 out of 10. In the last year, EWMC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month EWMC has a been trading in the 88.69 - 95.56 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EWMC has an average volume of 16822 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
EWMC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EWMC slightly outperforms the market at the moment.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, EWMC turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
INVESCO S&P MIDCAP 400 EQUAL / EWMC Weekly stock chart
INVESCO S&P MIDCAP 400 EQUAL / EWMC Daily stock chart
Setup Rating and Analysis

5

EWMC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

81.68

96.92

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 89.68 to 89.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 87.10 to 87.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @84.82 from a horizontal line in the daily time frame.
  • A support zone ranging from 82.51 to 83.28. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 90.33 to 92.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 94.73 to 95.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.37
Mansfield-0.43
10 Day High93.08
10 Day Low88.69
20 Day High95.56
20 Day Low88.69
52 Week High96.13
52 Week Low74.63
Performance
1 Week-0.1%
2 Weeks-3.14%
1 Month-5.24%
3 Month5.71%
6 Month-0.7%
12 Month4.51%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.38
RSI(14)37.93
LBB88.16
UBB93.98
INVESCO S&P MIDCAP 400 EQUAL / EWMC Daily stock chart

INVESCO S&P MIDCAP 400 EQUAL

NYSEARCA:EWMC (8/25/2023, 8:04:00 PM)

After market: 89.9 +0.14 (+0.15%)

89.7636

+0.19 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week-0.1%
2 Weeks-3.14%
1 Month-5.24%
3 Month5.71%
6 Month-0.7%
12 Month4.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%1.17%
ATR Inc-8.36%
Range Today0.58
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.37
Mansfield-0.43
10 Day High93.08
10 Day Low88.69
20 Day High95.56
20 Day Low88.69
52 Week High96.13
52 Week Low74.63
CS1 End89.68
CR1 Start90.33
Volume & EV
DER(3)0.18%
DER(5)-1.32%
Volume4.50K
Volume Incr109.15%
Vol(5)31.10K
Vol(50)16.82K