We assign a technical rating of 8 out of 10 to RWJ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RWJ is only an average performer.
Although RWJ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
45.36
We found 3 important support areas.
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 RWJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RWJ is up. |
| ChartMill Relative Strength | 65.6 | NEUTRAL | RWJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RWJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RWJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RWJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.44 | NEUTRAL | The RSI value for RWJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests RWJ has a positive trend. |
| Stochastics (14,3) | 93.07 | OVERBOUGHT | The high Stochastics value suggests RWJ may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for RWJ suggests low volalility. |
| Average Directional Index/ADX (14) | 23.7 | NEUTRAL | The ADX value for RWJ suggests a possible start of a new trend. |
NYSEARCA:RWJ (1/13/2026, 1:48:23 PM)
51.97
+0.21 (+0.41%)
ChartMill assigns a technical rating of 8 / 10 to RWJ.
The current trend direction for INVESCO S&P SMALLCAP 600 (RWJ) is Bullish.
INVESCO S&P SMALLCAP 600 (RWJ) has an RSI value of 68.4394. This indicates that the stock is currently neutral.
The MACD indicator for INVESCO S&P SMALLCAP 600 (RWJ) has a value of 0.194756, indicating a bearish trend.
INVESCO S&P SMALLCAP 600 (RWJ) has a support level at 50.2 and a resistance level at 51.77. Check the full technical report for our detailed analysis of RWJ support and resistance levels.