INVESCO S&P 500 EQUAL WEIGHT (RSP) Stock Technical Analysis
NYSEARCA:RSP - NYSE Arca - US46137V3574 - ETF - Currency: USD
Taking everything into account, RSP scores 8 out of 10 in our technical rating. Although RSP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
RSP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RSP is lagging the market slightly.
RSP has an average volume of 9867140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, RSP outperforms 62% of them, which is more or less in line with the market.
In the last month RSP has a been trading in a tight range between 175.98 and 186.49.
RSP has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
155.60
189.51
We found 4 important support areas.
- A support zone ranging from 178.29 to 181.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 174.22 to 174.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 159.81 to 161.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @157.17 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 184.25 to 187.63. This zone is formed by a combination of multiple trend lines and important moving averages 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 RSP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RSP is up. |
| ChartMill Relative Strength | 62.17 | NEUTRAL | RSP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.24 | NEUTRAL | The RSI value for RSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests RSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.24 | OVERBOUGHT | The high Stochastics value suggests RSP may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for RSP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for RSP suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 184.26 | 180.82 | 3.44 (1.87%) | 25.00% |
| An entry @184.26. This is a Buy Stop order right above the 10 day moving average. | An exit @180.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.44 points, which is 1.87%. | For a 0.47% total portfolio risk, you can invest 25.00% 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:RSP (7/15/2025, 12:19:10 PM)
182.92
-1.69 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.92%
1 Week0.5%
2 Weeks2.06%
1 Month2.84%
3 Month13.49%
6 Month2.54%
12 Month9.63%
2 Year19.2%
3 Year26.58%
5 Year72.79%
10 Year129.13%
15 Year354.93%
Volatility
ATR(14)1.73
ATR(20)%1%
ATR Inc-22.31%
Range Today2.27
ADR(20)1.63
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.17
Mansfield-0.31
10 Day High186.49
10 Day Low180.83
20 Day High186.49
20 Day Low175.98
52 Week High188.16
52 Week Low150.35
CS1 End184.25
CR1 Start185.02
Volume & EV
DER(3)4.7%
DER(5)3.46%
Volume5.17M
Volume Incr-3.5%
Vol(5)11.16M
Vol(50)9.87M