


Technical Sentiment Analysis for Defiance S&P 500 Weekly Distribution ETF (WDTE). As of 2026-06-12, Defiance S&P 500 Weekly Distribution ETF (WDTE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WDTE stands at 41.32, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.16, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 25.1 and the Commodity Channel Index (CCI) at -108.09 further confirm a -1.05 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WDTE is trading below its 60-day moving average of $30.08 and below its 200-day long-term moving average of $31.58. Key price levels to watch include the immediate resistance at $31.49 and strong support at $29.23. A break above $31.49 could signal a bull continuation, while falling below $29.23 may test the next Fibonacci floor at $28.08.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 26.97 | 28.08 | 29.23 | 30.34 | 31.49 | 32.6 | 33.75 |
| Fibonacci | 28.08 | 28.94 | 29.47 | 30.34 | 31.2 | 31.73 | 32.6 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 41.32 |
| Stochastic Oscillator | 25.1 |
| Stochastic RSI | 22.05 |
| Commodity Channel Index (CCI) | -108.09 |
| Awesome Oscillator | -0.75 |
| Momentum | -1.05 |
| MACD | -0.16 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.95 | Buy |
| 10-Day | 30.39 | Sell |
| 20-Day | 30.66 | Sell |
| 60-Day | 30.08 | Sell |
| 200-Day | 31.58 | Sell |
| 250-Day | 32.08 | Sell |