SPDR RUSSELL 2000 US S/C (R2US.PA) Stock Technical Analysis
EPA:R2US - Euronext Paris - Matif - IE00BJ38QD84 - ETF - Currency: EUR
Taking everything into account, R2US scores 4 out of 10 in our technical rating. R2US has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
R2US has only a medium technical rating, but it does show 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 54.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.56
2 important support areas can be observed.
- A support zone ranging from 51.81 to 53.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.02 to 46.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 54.35 to 54.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 56.18 to 56.98. This zone is formed by a combination of multiple trend lines in the daily 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 R2US.PA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for R2US.PA is up. |
| ChartMill Relative Strength | 48.42 | NEUTRAL | R2US.PA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of R2US.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of R2US.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of R2US.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.6 | NEUTRAL | The RSI value for R2US.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests R2US.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.67 | NEUTRAL | The Stochastics value for R2US.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for R2US.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.67 | NEGATIVE | The low ADX value for R2US.PA suggests a weak or negative trend. |
EPA:R2US (7/1/2025, 11:30:37 AM)
53.6
+0.02 (+0.04%)