INVESCO S&P 500 EQUAL WEIGHT (RSP) Stock Technical Analysis
USA - NYSEARCA:RSP - US46137V3574 - ETF
192.22 USD
+1.64 (+0.86%)
We assign a technical rating of 7 out of 10 to RSP. 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 making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
RSP has an average volume of 12727700 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 54% 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 186.03 and 190.94.
Although RSP has an excellent technical rating, the quality of the presented setup is not ideal 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
158.21
194.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 186.61 to 190.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 181.55 to 182.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @159.81 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 | 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 | 54.45 | 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) | 60.97 | NEUTRAL | The RSI value for RSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RSP has a positive trend. |
| Stochastics (14,3) | 88.42 | OVERBOUGHT | The high Stochastics value suggests RSP may be overbought. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for RSP suggests low volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for RSP suggests a possible start of a new 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 |
|---|---|---|---|
| 190.60 | 186.02 | 4.58 (2.40%) | 25.00% |
| An entry @190.60. This is a Buy Stop order right above the resistance zone. | An exit @186.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.58 points, which is 2.40%. | For a 0.60% 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 (10/3/2025, 12:41:06 PM)
192.22
+1.64 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.86%
1 Week2.07%
2 Weeks0.55%
1 Month1.25%
3 Month2.92%
6 Month21.25%
12 Month6.73%
2 Year40.31%
3 Year36.56%
5 Year77.27%
10 Year142.16%
15 Year334.22%
Volatility
ATR(14)1.63
ATR(20)%0.89%
ATR Inc-32.73%
Range Today1.31
ADR(20)1.6
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.45
Mansfield-0.51
10 Day High190.95
10 Day Low186.03
20 Day High190.95
20 Day Low186.03
52 Week High190.95
52 Week Low150.35
CS1 End189.49
CR1 Start190.59
Volume & EV
DER(3)0.95%
DER(5)-0.14%
Volume4.34K
Volume Incr-13.94%
Vol(5)12.00M
Vol(50)12.73M