INVESCO S&P 500 EQUAL WEIGHT (RYH) Stock Technical Analysis
NYSEARCA:RYH - US46137V3327 - ETF
287.062 USD
-1.34 (-0.46%)
Overall RYH gets a technical rating of 3 out of 10. RYH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: RYH has an average volume of 8178 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
RYH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RYH is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, RYH turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month RYH has a been trading in the 277.88 - 294.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of RYH 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
267.44
306.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 280.05 to 284.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @270.14 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 287.94 to 303.91. 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 | NEUTRAL | NEUTRAL | The long term trend for RYH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RYH is neutral. |
| ChartMill Relative Strength | 56.96 | NEUTRAL | RYH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RYH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RYH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RYH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.52 | NEUTRAL | The RSI value for RYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests RYH has a positive trend. |
| Stochastics (14,3) | 64.1 | NEUTRAL | The Stochastics value for RYH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for RYH suggests low volalility. |
| Average Directional Index/ADX (14) | 29.24 | POSITIVE | The high ADX value value for RYH suggests a strong trend. |
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)
NYSEARCA:RYH (6/6/2023, 8:04:00 PM)
287.062
-1.34 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.46%
1 Week2.82%
2 Weeks-1.67%
1 Month-2.59%
3 Month3.67%
6 Month-0.93%
12 Month6.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3
ATR(20)%1.01%
ATR Inc-18.91%
Range Today3.71
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.96
Mansfield-0.58
10 Day High291.02
10 Day Low277.88
20 Day High294.74
20 Day Low277.88
52 Week High304.15
52 Week Low248.94
CS1 End284.2
CR1 Start287.94
Volume & EV
DER(3)-1.64%
DER(5)-0.83%
Volume8.40K
Volume Incr2.31%
Vol(5)8.18K
Vol(50)8.18K