


Technical Sentiment Analysis for Defiance S&P 500 Weekly Distribution ETF (WDTE). As of 2026-07-02, Defiance S&P 500 Weekly Distribution ETF (WDTE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 2 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WDTE stands at 43.76, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.2, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 50.37 and the Commodity Channel Index (CCI) at -43.05 further confirm a -0.17 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WDTE is trading below its 60-day moving average of $30.38 and below its 200-day long-term moving average of $31.34. Key price levels to watch include the immediate resistance at $30.31 and strong support at $29.33. A break above $30.31 could signal a bull continuation, while falling below $29.33 may test the next Fibonacci floor at $28.84.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 28.35 | 28.84 | 29.33 | 29.82 | 30.31 | 30.8 | 31.29 |
| Fibonacci | 28.84 | 29.21 | 29.44 | 29.82 | 30.19 | 30.42 | 30.8 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 43.76 |
| Stochastic Oscillator | 50.37 |
| Stochastic RSI | 46.48 |
| Commodity Channel Index (CCI) | -43.05 |
| Awesome Oscillator | -0.61 |
| Momentum | -0.17 |
| MACD | -0.2 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.82 | Buy |
| 10-Day | 29.83 | Buy |
| 20-Day | 29.99 | Sell |
| 60-Day | 30.38 | Sell |
| 200-Day | 31.34 | Sell |
| 250-Day | 31.87 | Sell |