Technical Analysis for EQL - ALPS Equal Sector Weight ETF

Grade Last Price % Change Price Change
grade A 74.0614 -0.14% -0.10
EQL closed down 0.14 percent on Wednesday, April 24, 2019, on 1.76 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical EQL trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.14%
New 52 Week High Strength -0.14%
Gapped Up Strength -0.14%
Up 3 Days in a Row Strength -0.14%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.60%
Narrow Range Bar Range Contraction 0.60%

Older signals for EQL ...

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Profile
The investment seeks investment results that replicate as closely as possible, before fees and expenses, the performance of the Bank of America Securities - Merrill Lynch Equal Sector Weight Index (the "underlying index"). The underlying index is an index of indexes comprised in equal proportions of the nine Select Sector SPDR Indexes. The fund will use a "fund of funds" approach, and seek to achieve its investment objective by investing at least 90% of its total assets in the shares of Select Sector SPDR exchange-traded funds that track the Underlying Sector Indexes of which the underlying index is comprised. It is non-diversified.
Exchange Traded Funds Index Fund Stock Market Index SPDR Fund Of Funds
Is EQL a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 74.1981
52 Week Low 60.11
Average Volume 4,108
200-Day Moving Average 70.3492
50-Day Moving Average 71.9907
20-Day Moving Average 73.1744
10-Day Moving Average 73.6831
Average True Range 0.3855
ADX 31.45
+DI 43.112
-DI 14.5522
Chandelier Exit (Long, 3 ATRs ) 73.0416
Chandelier Exit (Short, 3 ATRs ) 72.1765
Upper Bollinger Band 74.596
Lower Bollinger Band 71.7528
Percent B (%b) 0.81
BandWidth 3.885512
MACD Line 0.6353
MACD Signal Line 0.6425
MACD Histogram -0.0072
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 74.28
Resistance 3 (R3) 74.30 74.25 74.25
Resistance 2 (R2) 74.25 74.19 74.24 74.23
Resistance 1 (R1) 74.16 74.16 74.13 74.14 74.22
Pivot Point 74.10 74.10 74.09 74.09 74.10
Support 1 (S1) 74.01 74.05 73.98 73.99 73.90
Support 2 (S2) 73.96 74.01 73.94 73.89
Support 3 (S3) 73.86 73.96 73.88
Support 4 (S4) 73.84