


Technical Sentiment Analysis for Defiance S&P 500 Weekly Distribution ETF (WDTE). As of 2026-03-04, Defiance S&P 500 Weekly Distribution ETF (WDTE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 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 40.98, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.26, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 35.7 and the Commodity Channel Index (CCI) at -96.77 further confirm a -0.32 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, WDTE is trading below its 60-day moving average of $31.48 and below its 200-day long-term moving average of $32.98. Key price levels to watch include the immediate resistance at $31.03 and strong support at $29.97. A break above $31.03 could signal a bull continuation, while falling below $29.97 may test the next Fibonacci floor at $29.38.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 28.91 | 29.38 | 29.97 | 30.44 | 31.03 | 31.5 | 32.09 |
| Fibonacci | 29.38 | 29.78 | 30.03 | 30.44 | 30.84 | 31.09 | 31.5 |
2026-03-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 40.98 |
| Stochastic Oscillator | 35.7 |
| Stochastic RSI | 26.88 |
| Commodity Channel Index (CCI) | -96.77 |
| Awesome Oscillator | -0.67 |
| Momentum | -0.32 |
| MACD | -0.26 |
2026-03-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 30.46 | Buy |
| 10-Day | 30.57 | Sell |
| 20-Day | 30.76 | Sell |
| 60-Day | 31.48 | Sell |
| 200-Day | 32.98 | Sell |
| 250-Day | 33.16 | Sell |