INVESCO S&P 500 EQL WGHT ETF (EQL.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:EQL • CA46137P1036
Taking everything into account, EQL scores 4 out of 10 in our technical rating. EQL was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 66% of all other stocks performed better in the past year than EQL.
- EQL 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 EQL is lagging the market slightly.
- 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.
- In the last month EQL has a been trading in a tight range between 40.30 and 42.17.
Although the technical rating is only medium, EQL does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 40.82, a Stop Loss order could be placed below this zone.
More info and screens
33.05
We found 2 important support areas.
- A support zone ranging from 39.01 to 40.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.28 to 42.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EQL.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EQL.CA is down. |
| ChartMill Relative Strength | 34.68 | NEUTRAL | EQL.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EQL.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.47 | NEUTRAL | The RSI value for EQL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests EQL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.47 | OVERSOLD | The low Stochastics value suggests EQL.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for EQL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.79 | NEGATIVE | The low ADX value for EQL.CA suggests a weak or negative trend. |
TSX:EQL (1/30/2026, 7:00:00 PM)
40.9
+0.31 (+0.76%)
INVESCO S&P 500 EQL WGHT ETF / EQL.CA FAQ
Can you provide the ChartMill technical rating for INVESCO S&P 500 EQL WGHT ETF?
ChartMill assigns a technical rating of 4 / 10 to EQL.CA.
Can you provide the trend direction for INVESCO S&P 500 EQL WGHT ETF?
The current trend direction for INVESCO S&P 500 EQL WGHT ETF (EQL.CA) is Bullish.
What is the RSI signal for INVESCO S&P 500 EQL WGHT ETF (EQL.CA) stock?
INVESCO S&P 500 EQL WGHT ETF (EQL.CA) has an RSI value of 47.4714. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO S&P 500 EQL WGHT ETF (EQL.CA) stock?
The MACD indicator for INVESCO S&P 500 EQL WGHT ETF (EQL.CA) has a value of -0.15034, indicating a bearish trend.
Can you provide the short term momentum for INVESCO S&P 500 EQL WGHT ETF?
The short term momentum for INVESCO S&P 500 EQL WGHT ETF (EQL.CA) is negative.