We assign a technical rating of 5 out of 10 to EQL. EQL 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.
Although the technical rating is only medium, EQL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 46.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.87, a Stop Loss order could be placed below this zone.
More info and screens
37.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 44.76 to 45.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.55 to 43.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 39.09 to 39.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @37.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.24 to 46.72. 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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EQL is neutral. |
| ChartMill Relative Strength | 59.45 | NEUTRAL | EQL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EQL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.71 | NEUTRAL | The RSI value for EQL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EQL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.26 | NEUTRAL | The Stochastics value for EQL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for EQL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for EQL suggests a weak or negative trend. |
NYSEARCA:EQL (11/25/2025, 6:40:00 PM)
46.06
+0.46 (+1.01%)
ALPS EQUAL SECTOR WEIGHT ETF / EQL FAQ
Can you provide the ChartMill technical rating for ALPS EQUAL SECTOR WEIGHT ETF?
ChartMill assigns a technical rating of 5 / 10 to EQL.
What is the trend direction for EQL stock?
The current trend direction for ALPS EQUAL SECTOR WEIGHT ETF (EQL) is Bullish.
What is the RSI signal for ALPS EQUAL SECTOR WEIGHT ETF (EQL) stock?
ALPS EQUAL SECTOR WEIGHT ETF (EQL) has an RSI value of 54.7149. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ALPS EQUAL SECTOR WEIGHT ETF?
The MACD indicator for ALPS EQUAL SECTOR WEIGHT ETF (EQL) has a value of -0.00835029, indicating a bearish trend.
Can you provide the short term momentum for ALPS EQUAL SECTOR WEIGHT ETF?
The short term momentum for ALPS EQUAL SECTOR WEIGHT ETF (EQL) is neutral.