INVESCO S&P SMALLCAP 600 (RWJ) Stock Technical Analysis
NYSEARCA:RWJ - NYSE Arca - US46138G6641 - ETF - Currency: USD
Taking everything into account, RWJ scores 3 out of 10 in our technical rating. In the past year, RWJ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
63% of all other stocks performed better in the past year than RWJ.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RWJ has a been trading in the 35.85 - 42.55 range, which is quite wide. It is currently trading near the high of this range.
RWJ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RWJ is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of RWJ is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
36.14
49.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 38.55 to 38.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.51 to 36.71. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 41.98 to 41.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.03 from a trend line in the daily time frame.
- A resistance zone ranging from 46.02 to 46.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @48.71 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.79
Mansfield-0.61
10 Day High42.55
10 Day Low37.79
20 Day High42.55
20 Day Low35.85
52 Week High49.92
52 Week Low34.31
Performance
1 Week6.36%
2 Weeks8.2%
1 Month14.92%
3 Month-9.82%
6 Month-10.44%
12 Month-0.21%
2 Year19.74%
3 Year9.33%
5 Year135.08%
10 Year115.75%
15 Year346.97%
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)
Technical Indicators
MACD(12,26,9)0.48
RSI(14)66.37
LBB37.35
UBB41.27
41.97
+1.73 (+4.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.3%
1 Week6.36%
2 Weeks8.2%
1 Month14.92%
3 Month-9.82%
6 Month-10.44%
12 Month-0.21%
2 Year19.74%
3 Year9.33%
5 Year135.08%
10 Year115.75%
15 Year346.97%
Volatility
ATR(14)0.95
ATR(20)%2.26%
ATR Inc48.01%
Range Today0.96
ADR(20)0.78
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.79
Mansfield-0.61
10 Day High42.55
10 Day Low37.79
20 Day High42.55
20 Day Low35.85
52 Week High49.92
52 Week Low34.31
CS1 End38.59
CR1 Start41.98
Volume & EV
DER(3)0.35%
DER(5)1.84%
Volume95.50K
Volume Incr-48.35%
Vol(5)148.88K
Vol(50)276.58K