Technical Analysis for RSP - Guggenheim S&P 500 Equal Weight ETF

Grade Last Price % Change Price Change
A 146.5 0.78% 1.14
RSP closed up 0.78 percent on Thursday, April 15, 2021, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical RSP trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Shooting Star Candlestick Bearish 0.78%
Stochastic Sell Signal Bearish 0.78%
New 52 Week High Strength 0.78%
Overbought Stochastic Strength 0.78%
Slingshot Bullish Bullish Swing Setup 0.94%
Overbought Stochastic Strength 0.94%
New 52 Week Closing High Bullish 0.77%
Older End-of-Day Signals for RSP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout about 20 hours ago
Rose Above Previous Day's High about 21 hours ago
New 52 Week High about 21 hours ago
1.5x Volume Pace about 21 hours ago
Slingshot Bullish Entry 2 days ago
View Earlier Intraday Alerts

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Profile

The investment seeks to replicate as closely as possible, before fees and expenses, the daily performance of the S&P 500 Equal Weight Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. It may hold up to 10% of its assets in securities not included in the underlying index. The underlying index is an unmanaged equal-weighted version of the S&P 500 Index, which is an unmanaged capitalization-weighted index comprised of 500 common stocks, chosen by "S&P" on a statistical basis. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index S&P 500 Index CBOE Capitalization Weighted Index S&P 500 Index S&P 500 Equal Weighted

Top 10 Components

Symbol Grade Price % Change Allocation
HIG C 1.18 0.24
KSU C -0.88 0.23
EBAY A 2.50 0.22
AMGN B 2.21 0.22
BBY C -0.72 0.22
NXPI C 0.94 0.22
FB C 1.65 0.22
LEN C -0.12 0.22
PLD A 2.46 0.21
CHTR C 3.06 0.21
View All RSP Holdings

Is RSP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 146.5895
52 Week Low 87.0
Average Volume 2,793,569
200-Day Moving Average 121.44
50-Day Moving Average 138.89
20-Day Moving Average 142.59
10-Day Moving Average 144.79
Average True Range 1.48
ADX 18.58
+DI 31.63
-DI 16.91
Chandelier Exit (Long, 3 ATRs ) 142.16
Chandelier Exit (Short, 3 ATRs ) 140.99
Upper Bollinger Band 147.58
Lower Bollinger Band 137.61
Percent B (%b) 0.89
BandWidth 6.99
MACD Line 2.07
MACD Signal Line 1.95
MACD Histogram 0.1251
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 148.04
Resistance 3 (R3) 147.90 147.25 147.79
Resistance 2 (R2) 147.25 146.85 147.32 147.70
Resistance 1 (R1) 146.87 146.61 147.06 147.01 147.62
Pivot Point 146.22 146.22 146.31 146.29 146.22
Support 1 (S1) 145.84 145.82 146.03 145.99 145.38
Support 2 (S2) 145.19 145.58 145.26 145.30
Support 3 (S3) 144.81 145.19 145.21
Support 4 (S4) 144.96