INVESCO S&P 100 EQUAL WEIGHT (EQWL) Stock Technical Analysis
NYSEARCA:EQWL - NYSE Arca - US46137V4499 - ETF - Currency: USD
Taking everything into account, EQWL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EQWL has proven to be a steady performer, scoring decent points in every aspect analyzed.
EQWL has an excellent technical rating and also presents a decent setup pattern. 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 106.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 105.53, a Stop Loss order could be placed below this zone.
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92.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 101.44 to 105.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.31 from a trend line in the weekly time frame.
- Support @93.35 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 106.69 to 108.28. 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 EQWL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQWL is up. |
| ChartMill Relative Strength | 70.05 | POSITIVE | EQWL has a high relative strength, it outperformed 70.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQWL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQWL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQWL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.61 | NEUTRAL | The RSI value for EQWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EQWL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.41 | NEUTRAL | The Stochastics value for EQWL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for EQWL suggests low volalility. |
| Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for EQWL 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 |
|---|---|---|---|
| 108.29 | 103.37 | 4.92 (4.54%) | 22.01% |
| An entry @108.29. This is a Buy Stop order right above the resistance zone. | An exit @103.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.92 points, which is 4.54%. | For a 1.00% total portfolio risk, you can invest 22.01% of your capital in this trade. |
- 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:EQWL (5/30/2025, 8:04:00 PM)
106.05
+0.59 (+0.56%)