Overall RSPN gets a technical rating of 8 out of 10. Although RSPN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- RSPN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RSPN has a been trading in the 56.51 - 61.08 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that RSPN is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, RSPN 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 60.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.98, 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
44.76
4 important support areas can be observed.
- A support zone ranging from 56.33 to 58.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.38 to 54.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.46 from a horizontal line in the daily time frame.
- Support @45.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 60.37 to 60.86. 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 RSPN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RSPN is up. |
| ChartMill Relative Strength | 71.52 | POSITIVE | RSPN has a high relative strength, it outperformed 71.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RSPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSPN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.38 | NEUTRAL | The RSI value for RSPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RSPN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.04 | OVERBOUGHT | The high Stochastics value suggests RSPN may be overbought. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for RSPN suggests low volalility. |
| Average Directional Index/ADX (14) | 28.56 | POSITIVE | The high ADX value value for RSPN suggests a strong 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 |
|---|---|---|---|
| 60.87 | 58.93 | 1.94 (3.19%) | 25.00% |
| An entry @60.87. This is a Buy Stop order right above the resistance zone. | An exit @58.93. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.94 points, which is 3.19%. | For a 0.80% 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:RSPN (1/23/2026, 8:04:00 PM)
60.3
-0.48 (-0.79%)
INVESCO S&P 500 EQUAL WEIGHT / RSPN FAQ
What is the ChartMill technical rating of INVESCO S&P 500 EQUAL WEIGHT (RSPN) stock?
ChartMill assigns a technical rating of 8 / 10 to RSPN.
What is the trend direction for RSPN stock?
The current trend direction for INVESCO S&P 500 EQUAL WEIGHT (RSPN) is Bullish.
What is the RSI signal for INVESCO S&P 500 EQUAL WEIGHT (RSPN) stock?
INVESCO S&P 500 EQUAL WEIGHT (RSPN) has an RSI value of 61.3769. This indicates that the stock is currently neutral.
What is the short term momentum for RSPN stock?
The short term momentum for INVESCO S&P 500 EQUAL WEIGHT (RSPN) is positive.
What is the support and resistance level for RSPN stock?
INVESCO S&P 500 EQUAL WEIGHT (RSPN) has a support level at 58.98 and a resistance level at 60.37. Check the full technical report for our detailed analysis of RSPN support and resistance levels.