


Technical Sentiment Analysis for ALPS Equal Sector Weight ETF (EQL). As of 2026-05-22, ALPS Equal Sector Weight ETF (EQL) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 10 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EQL stands at 62.46, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.32, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 75.85 and the Commodity Channel Index (CCI) at 161.52 further confirm a 0.51 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EQL is trading above its 60-day moving average of $49.04 and above its 200-day long-term moving average of $47.26. Key price levels to watch include the immediate resistance at $50.7 and strong support at $49.74. A break above $50.7 could signal a bull continuation, while falling below $49.74 may test the next Fibonacci floor at $49.24.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 48.78 | 49.24 | 49.74 | 50.2 | 50.7 | 51.17 | 51.67 |
| Fibonacci | 49.24 | 49.61 | 49.84 | 50.2 | 50.57 | 50.8 | 51.17 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 62.46 |
| Stochastic Oscillator | 75.85 |
| Stochastic RSI | 61.85 |
| Commodity Channel Index (CCI) | 161.52 |
| Awesome Oscillator | 0.45 |
| Momentum | 0.51 |
| MACD | 0.32 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 50.23 | Buy |
| 10-Day | 50.24 | Buy |
| 20-Day | 50.07 | Buy |
| 60-Day | 49.04 | Buy |
| 200-Day | 47.26 | Buy |
| 250-Day | 46.56 | Buy |