INVESCO S&P 500 EQL WGHT ETF (EQL.CA) Stock Technical Analysis
TSX:EQL - CA46137P1036 - ETF
39.31 CAD
-0.13 (-0.33%)
Taking everything into account, EQL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EQL is only an average performer.
Warning: EQL has an average volume of 28239 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!
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.
When comparing the performance of all stocks over the past year, EQL turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
In the last month EQL has a been trading in a tight range between 37.71 and 39.89.
Considerably lower volume is observed in the last couple of days.
Although EQL has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
33.05
40.56
When analyzing the support we can see 5 important areas.
- A support zone ranging from 37.96 to 39.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.56 from a horizontal line in the daily time frame.
- Support @35.57 from a trend line in the weekly time frame.
- Support @33.95 from a horizontal line in the weekly time frame.
- Support @33.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.05 to 40.16. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for EQL.CA is up. |
| ChartMill Relative Strength | 48.68 | NEUTRAL | EQL.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQL.CA is above 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) | 57.93 | NEUTRAL | The RSI value for EQL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EQL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.59 | NEUTRAL | The Stochastics value for EQL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for EQL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for EQL.CA suggests a possible start of a new trend. |
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)
TSX:EQL (8/29/2025, 7:00:00 PM)
39.31
-0.13 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.33%
1 Week-1.21%
2 Weeks0.98%
1 Month1.87%
3 Month7%
6 Month-0.63%
12 Month9.19%
2 Year27.51%
3 Year39.2%
5 Year76.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%0.89%
ATR Inc-22.92%
Range Today0.23
ADR(20)0.28
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.68
Mansfield-0.51
10 Day High39.89
10 Day Low38.9
20 Day High39.89
20 Day Low37.71
52 Week High40.34
52 Week Low31.93
CS1 End39.21
CR1 Start40.05
Volume & EV
DER(3)-4.38%
DER(5)-2.7%
Volume4.68K
Volume Incr-43.21%
Vol(5)13.04K
Vol(50)28.24K