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

Grade Last Price % Change Price Change
C 177.77 0.96% 1.69
RSP closed up 0.96 percent on Wednesday, January 15, 2025, on 1.52 times normal volume.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Slingshot Bearish Bearish Swing Setup 0.96%
MACD Bullish Signal Line Cross Bullish 0.96%
NR7 Range Contraction 0.96%
Gapped Up Strength 0.96%
Bullish Engulfing Bullish 1.77%
Gapped Down Weakness 1.77%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 10 hours ago
1.5x Volume Pace about 11 hours ago
Gapped Up (Full) about 11 hours ago
Rose Above 20 DMA about 11 hours ago
Rose Above Previous Day's High about 11 hours ago

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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: Index Fund S&P 500 Passive Management Capitalization Weighted Index Management Cybernetics Equal Weight ETF

Top 10 Components

Symbol Grade Price % Change Allocation
PLTR B 3.38 0.41
TSLA A 8.04 0.40
UAL A -2.52 0.37
VST A -0.79 0.32
AXON D 0.03 0.32
CCL C 1.75 0.29
TPR A -0.01 0.29
SYF A 3.10 0.28
AVGO A 1.43 0.28
RCL C 1.20 0.28

Is RSP a Buy, Sell or Hold?

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

Comments

T

TraderMike 28 days ago

The move here really got my attention today.  Not only has this equal weight S&P ETF given back all of its post-election gains, it's also taken out the October low.  This shows just how much weakness is being masked by the mega-cap stocks.

1 Reply

Indicators

Indicator Value
52 Week High 187.4947
52 Week Low 150.7893
Average Volume 6,559,821
200-Day Moving Average 171.10
50-Day Moving Average 180.22
20-Day Moving Average 176.17
10-Day Moving Average 175.57
Average True Range 2.12
RSI (14) 50.74
ADX 31.31
+DI 24.53
-DI 27.77
Chandelier Exit (Long, 3 ATRs) 176.62
Chandelier Exit (Short, 3 ATRs) 178.75
Upper Bollinger Bands 179.85
Lower Bollinger Band 172.48
Percent B (%b) 0.72
BandWidth 4.18
MACD Line -1.33
MACD Signal Line -1.59
MACD Histogram 0.2575
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 180.36
Resistance 3 (R3) 180.48 179.75 179.93
Resistance 2 (R2) 179.75 179.09 179.68 179.78
Resistance 1 (R1) 178.76 178.68 178.39 178.63 179.64
Pivot Point 178.02 178.02 177.84 177.96 178.02
Support 1 (S1) 177.03 177.36 176.67 176.91 175.90
Support 2 (S2) 176.30 176.96 176.23 175.76
Support 3 (S3) 175.31 176.30 175.61
Support 4 (S4) 175.18