INVESCO S&P 500 EQUAL WEIG C (RSPC) Stock Technical Analysis
NYSEARCA:RSPC - NYSE Arca - US46137Y6095 - ETF - Currency: USD
Taking everything into account, RSPC scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RSPC has proven to be a steady performer, scoring decent points in every aspect analyzed.
RSPC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 36.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.24, a Stop Loss order could be placed below this zone.
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30.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 36.18 to 36.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.10 from a trend line in the weekly time frame.
- A support zone ranging from 32.25 to 32.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.02 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.65 to 36.85. This zone is formed by a combination of multiple trend lines 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 RSPC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RSPC is up. |
| ChartMill Relative Strength | 78.79 | POSITIVE | RSPC has a high relative strength, it outperformed 78.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RSPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSPC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.29 | NEUTRAL | The RSI value for RSPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RSPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.13 | NEUTRAL | The Stochastics value for RSPC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for RSPC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.98 | NEGATIVE | The low ADX value for RSPC suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 36.86 | 36.17 | 0.69 (1.87%) | 25.00% |
| An entry @36.86. This is a Buy Stop order right above the resistance zone. | An exit @36.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 1.87%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- 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:RSPC (6/4/2025, 8:04:00 PM)
36.3823
+0.06 (+0.17%)