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

Grade Last Price % Change Price Change
grade A 112.24 -0.95% -1.08
RTM closed down 0.95 percent on Tuesday, December 10, 2019, on 30 percent of normal volume. 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 Flat
See historical RTM trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Bollinger Band Squeeze Range Contraction -0.95%
Narrow Range Bar Range Contraction -0.95%
Stochastic Reached Overbought Strength -0.95%
Inside Day Range Contraction -0.95%
Overbought Stochastic Strength -0.95%
Older signals for RTM ...

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Profile

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500® Equal Weight Index Materials 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. The underlying index is an unmanaged equal weighted version of the S&P 500 Materials Index that consists of the common stocks of the following industries: chemicals, construction materials, containers and packaging, metals and mining, and paper and forest products that comprise the Materials sector of the S&P 500 Index. It is non-diversified.
Exchange Traded Funds Index Fund Mining Chemicals S&P 500 Index Standard & Poor's Forest Products S&P 500 Materials Index (Industry Group)

Is RTM 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 113.5
52 Week Low 88.53
Average Volume 5,281
200-Day Moving Average 107.46
50-Day Moving Average 109.94
20-Day Moving Average 112.23
10-Day Moving Average 112.39
Average True Range 0.98
ADX 25.44
+DI 38.63
-DI 30.23
Chandelier Exit (Long, 3 ATRs ) 110.56
Chandelier Exit (Short, 3 ATRs ) 113.04
Upper Bollinger Band 113.88
Lower Bollinger Band 110.59
Percent B (%b) 0.5
BandWidth 2.93
MACD Line 0.53
MACD Signal Line 0.62
MACD Histogram -0.0923
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 112.87
Resistance 3 (R3) 112.93 112.77 112.77
Resistance 2 (R2) 112.77 112.61 112.75 112.73
Resistance 1 (R1) 112.51 112.51 112.43 112.45 112.69
Pivot Point 112.35 112.35 112.32 112.33 112.35
Support 1 (S1) 112.09 112.19 112.01 112.03 111.79
Support 2 (S2) 111.93 112.09 111.91 111.75
Support 3 (S3) 111.67 111.93 111.72
Support 4 (S4) 111.61