INVESCO S&P 500 EQUAL WEIGHT (RGI) Stock Technical Analysis
NYSEARCA:RGI - NYSE Arca - US46137V3244 - ETF - Currency: USD
Taking everything into account, RGI scores 7 out of 10 in our technical rating. Although RGI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: RGI has an average volume of 20882 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
RGI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RGI is lagging the market slightly.
When compared to the yearly performance of all other stocks, RGI outperforms 62% of them, which is more or less in line with the market.
In the last month RGI has a been trading in a tight range between 180.74 and 189.80.
Volume is considerably higher in the last couple of days.
Although RGI has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
174.81
201.48
We found 2 important support areas.
- A support zone ranging from 181.66 to 187.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 176.58 to 178.60. 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 194.02 to 195.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @199.49 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.91
Mansfield-0.14
10 Day High189.8
10 Day Low180.74
20 Day High189.8
20 Day Low180.74
52 Week High196.64
52 Week Low154.21
Performance
1 Week2.95%
2 Weeks1.31%
1 Month2.16%
3 Month2.7%
6 Month4.54%
12 Month12.69%
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)0.48
RSI(14)59.34
LBB180.61
UBB190.52
NYSEARCA:RGI (6/6/2023, 8:04:01 PM)
189.57
+1.51 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.8%
1 Week2.95%
2 Weeks1.31%
1 Month2.16%
3 Month2.7%
6 Month4.54%
12 Month12.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.45
ATR(20)%1.22%
ATR Inc-33.93%
Range Today1.33
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
CRS62.91
Mansfield-0.14
10 Day High189.8
10 Day Low180.74
20 Day High189.8
20 Day Low180.74
52 Week High196.64
52 Week Low154.21
CS1 End187.52
CR1 Start194.02
Volume & EV
DER(3)-2.08%
DER(5)-0.92%
Volume31.60K
Volume Incr717.35%
Vol(5)85.74K
Vol(50)20.88K