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

Grade Last Price % Change Price Change
grade A 112.56 0.73% 0.82
RSP closed up 0.73 percent on Friday, November 15, 2019, on 64 percent of 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical RSP trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Three Weeks Tight Range Contraction 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
NR7 Range Contraction 0.73%
Overbought Stochastic Strength 0.73%
Overbought Stochastic Strength 0.96%
Stochastic Sell Signal Bearish 0.89%
Overbought Stochastic Strength 0.89%

Older signals for RSP ...

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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.
Index Fund Stock Market Index S&P 500 Index Cboe Stock Market Indices Capitalization Weighted Index S&P 500 Index S&P 500 Equal Weighted
Is RSP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 112.56
52 Week Low 85.76
Average Volume 431,135
200-Day Moving Average 106.3335
50-Day Moving Average 108.7876
20-Day Moving Average 110.5405
10-Day Moving Average 111.615
Average True Range 0.8589
ADX 23.03
+DI 38.2216
-DI 18.9915
Chandelier Exit (Long, 3 ATRs ) 109.9833
Chandelier Exit (Short, 3 ATRs ) 110.0167
Upper Bollinger Band 112.9231
Lower Bollinger Band 108.1579
Percent B (%b) 0.92
BandWidth 4.310818
MACD Line 1.1287
MACD Signal Line 1.0528
MACD Histogram 0.0759
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 113.37
Resistance 3 (R3) 113.28 112.92 113.24
Resistance 2 (R2) 112.92 112.71 112.97 113.19
Resistance 1 (R1) 112.74 112.59 112.83 112.83 113.14
Pivot Point 112.38 112.38 112.43 112.43 112.38
Support 1 (S1) 112.20 112.17 112.29 112.29 111.98
Support 2 (S2) 111.84 112.05 111.89 111.93
Support 3 (S3) 111.66 111.84 111.89
Support 4 (S4) 111.75