Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) Stock Technical Analysis
USA - NYSEARCA:EWSC - US46137V1834 - ETF
Overall EWSC gets a technical rating of 0 out of 10. EWSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EWSC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
66.75
We can see 6 important resistance areas.
- A resistance zone ranging from 67.77 to 67.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 71.81 to 72.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.81 to 73.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @76.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 78.59 to 78.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @81.82 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for EWSC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EWSC is down. |
| ChartMill Relative Strength | 38.05 | NEUTRAL | EWSC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EWSC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EWSC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EWSC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.56 | OVERSOLD | The low RSI value suggests EWSC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EWSC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.61 | OVERSOLD | The low Stochastics value suggests EWSC may be oversold. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for EWSC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.22 | NEUTRAL | The ADX value for EWSC suggests a possible start of a new trend. |
Invesco S&P SmallCap 600 Equal Weight ETF
NYSEARCA:EWSC (3/30/2023, 8:04:00 PM)
67.42
-0.04 (-0.06%)
Invesco S&P SmallCap 600 Equal Weight ETF / EWSC FAQ
Can you provide the ChartMill technical rating for Invesco S&P SmallCap 600 Equal Weight ETF?
ChartMill assigns a technical rating of 0 / 10 to EWSC.
What is the current trend direction of Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) stock?
The current trend direction for Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) is Bearish.
What is the RSI signal for EWSC stock?
Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) has an RSI value of 29.5591. This indicates that the stock is currently oversold.
What is the MACD signal for Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) stock?
The MACD indicator for Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) has a value of -0.0478981, indicating a bearish trend.
What is the support and resistance level for EWSC stock?
Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) has a resistance level at 67.77. Check the full technical report for our detailed analysis of EWSC support and resistance levels.