We assign a technical rating of 7 out of 10 to EQL. 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.
EQL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 46.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.71, a Stop Loss order could be placed below this zone.
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38.70
When analyzing the support we can see 3 important areas.
- A support zone ranging from 45.86 to 46.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.76 to 45.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.09 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.81 to 46.86. 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 | UP | POSITIVE | The short term trend for EQL is up. |
| ChartMill Relative Strength | 61.36 | NEUTRAL | EQL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQL is above the rising 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) | 58.87 | NEUTRAL | The RSI value for EQL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EQL has a positive trend. |
| Stochastics (14,3) | 84.04 | OVERBOUGHT | The high Stochastics value suggests EQL may be overbought. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for EQL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.08 | NEGATIVE | The low ADX value for EQL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.87 | 46.21 | 0.66 (1.42%) | 25.00% |
| An entry @46.87. This is a Buy Stop order right above the resistance zone. | An exit @46.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.66 points, which is 1.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:EQL (12/24/2025, 8:27:09 PM)
46.8
-0.05 (-0.11%)
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 7 / 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 58.8675. 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 0.0242765, 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 positive.