


Technical Sentiment Analysis for Defiance S&P 500 Weekly Distribution ETF (WDTE). As of 2026-05-22, Defiance S&P 500 Weekly Distribution ETF (WDTE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 6 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WDTE stands at 57.27, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.23, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.05 and the Commodity Channel Index (CCI) at 48.95 further confirm a -0.05 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WDTE is trading below its 60-day moving average of $29.91 and below its 200-day long-term moving average of $31.81. Key price levels to watch include the immediate resistance at $31.27 and strong support at $30.58. A break above $31.27 could signal a bull continuation, while falling below $30.58 may test the next Fibonacci floor at $30.22.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 29.88 | 30.22 | 30.58 | 30.92 | 31.27 | 31.62 | 31.97 |
| Fibonacci | 30.22 | 30.49 | 30.66 | 30.92 | 31.19 | 31.36 | 31.62 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 57.27 |
| Stochastic Oscillator | 59.05 |
| Stochastic RSI | 56.49 |
| Commodity Channel Index (CCI) | 48.95 |
| Awesome Oscillator | 0.41 |
| Momentum | -0.05 |
| MACD | 0.23 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.81 | Buy |
| 10-Day | 30.93 | Sell |
| 20-Day | 30.75 | Buy |
| 60-Day | 29.91 | Buy |
| 200-Day | 31.81 | Sell |
| 250-Day | 32.27 | Sell |