Overall RSW gets a technical rating of 0 out of 10. RSW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RSW is bad and it also does not present a quality setup 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
17.77
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.72 to 18.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.52 to 19.81. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for RSW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RSW is down. |
| ChartMill Relative Strength | 11.69 | NEGATIVE | RSW has a low relative strength, it was outperformed by 88.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RSW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RSW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RSW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.4 | OVERSOLD | The low RSI value suggests RSW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RSW has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for RSW suggests some volalility. |
NYSEARCA:RSW (3/15/2013, 4:52:09 PM)
17.95
-0.07 (-0.39%)
Inverse 2X S&P 500 ETF / RSW FAQ
Can you provide the ChartMill technical rating for Inverse 2X S&P 500 ETF?
ChartMill assigns a technical rating of 0 / 10 to RSW.
What is the trend direction for RSW stock?
The current trend direction for Inverse 2X S&P 500 ETF (RSW) is Bearish.
What is the RSI signal for RSW stock?
Inverse 2X S&P 500 ETF (RSW) has an RSI value of 27.3989. This indicates that the stock is currently oversold.
Can you provide the short term momentum for Inverse 2X S&P 500 ETF?
The short term momentum for Inverse 2X S&P 500 ETF (RSW) is negative.
Can you provide the buy/sell signal for Inverse 2X S&P 500 ETF?
The buy/sell signal for Inverse 2X S&P 500 ETF (RSW) is sell as both the short term and long term trends are negative.