INVESCO S&P 500 EQUAL WEIGHT (RSP) Technical Analysis
NYSEARCA:RSP • US46137V3574
Current stock price
RSP Technical Rating and Analysis
Overall RSP gets a technical rating of 1 out of 10. RSP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- RSP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RSP is performing more or less in line with the market.
- RSP has an average volume of 19899400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, RSP outperforms 60% of them, which is more or less in line with the market.
- In the last month RSP has a been trading in the 187.36 - 199.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RSP Weekly and Daily overview Charts
RSP Setup Rating and Analysis
Although the technical rating is bad, RSP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 191.77, a Stop Loss order could be placed below this zone.
More info and screens
RSP Support and Resistance Analysis
184.97
We found 1 important support area.
- A support zone ranging from 186.84 to 191.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 193.38 to 198.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 204.98 to 204.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
RSP Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for RSP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RSP is down. |
| ChartMill Relative Strength | 60.79 | NEUTRAL | RSP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RSP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RSP is below a declining 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) | 45.73 | 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. |
| Stochastics (14,3) | 52.12 | NEUTRAL | The Stochastics value for RSP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for RSP suggests low volalility. |
| Average Directional Index/ADX (14) | 42.65 | POSITIVE | The high ADX value value for RSP suggests a strong trend. |
RSP Chart- and CandleStick Pattern Analysis
RSP Technicals: Chart, Performance Metrics, Trend & Indicators
193.09
+0.55 (+0.29%)
INVESCO S&P 500 EQUAL WEIGHT / RSP TA FAQ
What is the technical rating for RSP stock?
ChartMill assigns a technical rating of 1 / 10 to RSP.
Can you provide the trend direction for INVESCO S&P 500 EQUAL WEIGHT?
The current trend direction for INVESCO S&P 500 EQUAL WEIGHT (RSP) is Bearish.
Can you provide the RSI signal for INVESCO S&P 500 EQUAL WEIGHT?
INVESCO S&P 500 EQUAL WEIGHT (RSP) has an RSI value of 45.732. This indicates that the stock is currently neutral.
What is the MACD signal for RSP stock?
The MACD indicator for INVESCO S&P 500 EQUAL WEIGHT (RSP) has a value of 0.127052, indicating a bearish trend.
What is the short term momentum for INVESCO S&P 500 EQUAL WEIGHT (RSP) stock?
The short term momentum for INVESCO S&P 500 EQUAL WEIGHT (RSP) is negative.