INVESCO S&P 500 EQUAL WEIGHT (RSPT) Stock Technical Analysis
NYSEARCA:RSPT - NYSE Arca - US46137V2824 - ETF - Currency: USD
Taking everything into account, RSPT scores 4 out of 10 in our technical rating. RSPT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
RSPT 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 RSPT is lagging the market slightly.
When compared to the yearly performance of all other stocks, RSPT outperforms 69% of them, which is more or less in line with the market.
In the last month RSPT has a been trading in the 37.60 - 40.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RSPT has an average technical rating and it also 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
33.98
40.69
3 important support areas can be observed.
- A support zone ranging from 37.98 to 38.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.88 to 37.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.32 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.08 to 39.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.29 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.09
Mansfield-0.18
10 Day High40.49
10 Day Low38.63
20 Day High40.49
20 Day Low37.6
52 Week High40.49
52 Week Low32.03
Performance
1 Week-2.12%
2 Weeks-1.07%
1 Month-2.98%
3 Month0.1%
6 Month4.34%
12 Month13.69%
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)0.02
RSI(14)46.53
LBB38.13
UBB40.41
38.69
-1.27 (-3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.18%
1 Week-2.12%
2 Weeks-1.07%
1 Month-2.98%
3 Month0.1%
6 Month4.34%
12 Month13.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.76%
ATR Inc81.81%
Range Today1.37
ADR(20)0.58
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.09
Mansfield-0.18
10 Day High40.49
10 Day Low38.63
20 Day High40.49
20 Day Low37.6
52 Week High40.49
52 Week Low32.03
CS1 End38.62
CR1 Start39.08
Volume & EV
DER(3)-6%
DER(5)-1.02%
Volume547.80K
Volume Incr-19.85%
Vol(5)330.32K
Vol(50)371.60K