GLOBAL X RUSSELL 2000 ETF (RSSL) Technical Analysis
NYSEARCA:RSSL • US37960A4537
Current stock price
RSSL Technical Rating and Analysis
Taking everything into account, RSSL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RSSL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that RSSL is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by RSSL over the past year are nicely spread over this period.
- RSSL 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.
- RSSL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
RSSL Weekly and Daily overview Charts
RSSL Setup Rating and Analysis
RSSL 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
RSSL Support and Resistance Analysis
90.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 94.16 to 97.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 107.49 to 108.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
RSSL 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 | UP | POSITIVE | The long term trend for RSSL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RSSL is up. |
| ChartMill Relative Strength | 78.28 | POSITIVE | RSSL has a high relative strength, it outperformed 78.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RSSL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSSL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.24 | NEUTRAL | The RSI value for RSSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests RSSL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.22 | OVERBOUGHT | The high Stochastics value suggests RSSL may be overbought. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for RSSL suggests low volalility. |
| Average Directional Index/ADX (14) | 26.34 | POSITIVE | The high ADX value value for RSSL suggests a strong trend. |
RSSL Chart- and CandleStick Pattern Analysis
RSSL Example Setup
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 |
|---|---|---|---|
| 108.50 | 105.28 | 3.22 (2.97%) | 25.00% |
| An entry @108.50. This is a Buy Stop order right above the resistance zone. | An exit @105.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.22 points, which is 2.97%. | For a 0.74% 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.
RSSL Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:RSSL (4/29/2026, 10:40:28 AM)
107.13
-0.06 (-0.06%)
GLOBAL X RUSSELL 2000 ETF / RSSL TA FAQ
Can you provide the ChartMill technical rating for GLOBAL X RUSSELL 2000 ETF?
ChartMill assigns a technical rating of 10 / 10 to RSSL.
Can you provide the trend direction for GLOBAL X RUSSELL 2000 ETF?
The current trend direction for GLOBAL X RUSSELL 2000 ETF (RSSL) is Bullish.
What is the RSI signal for GLOBAL X RUSSELL 2000 ETF (RSSL) stock?
GLOBAL X RUSSELL 2000 ETF (RSSL) has an RSI value of 63.2371. This indicates that the stock is currently neutral.
What is the short term momentum for RSSL stock?
The short term momentum for GLOBAL X RUSSELL 2000 ETF (RSSL) is positive.
Can you provide the buy/sell signal for GLOBAL X RUSSELL 2000 ETF?
The buy/sell signal for GLOBAL X RUSSELL 2000 ETF (RSSL) is buy as both the short term and long term trends are positive.