Technical Analysis for RSP - Guggenheim S&P 500 Equal Weight ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
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.
| 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% |
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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
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
| 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. | ||
See more RSP news...
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 |
