Powershares S&p 500(r) Equal Weight Consumer Discretionary Portfolio Powershares S&p 500(r) Equal Weight Consumer Discretionary Portfolio ETF Forecast

Buy or Hold candidate since Jul 01, 2026 Gain 2.07%

No changes to the price of POWERSHARES S&P 500(R) EQUAL WEIGHT ETF on the last trading day (Friday, 10th Jul 2026). During the last trading day the ETF fluctuated 0.346% from a day low at $23.09 to a day high of $23.17. The price has risen in 6 of the last 10 days and is up by 2.98% over the past 2 weeks.

The ETF lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $23.19 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 5.47% during the next 3 months and, with a 90% probability hold a price between $22.71 and $24.46 at the end of this 3-month period.

RCD Signals & Forecast

The POWERSHARES S&P 500(R) EQUAL WEIGHT ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $22.93 and $22.60. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the ETF should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 09, 2026, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. The ETF had a Golden Star Signal on Tuesday, June 16, 2026 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for POWERSHARES S&P 500(R) EQUAL WEIGHT ETF

POWERSHARES S&P 500(R) EQUAL WEIGHT finds support from accumulated volume at $22.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.0800 between high and low, or 0.346%. For the last week the ETF has had daily average volatility of 0.777%.

Our recommended stop-loss: $22.36 (-3.50%) (This ETF has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (RCD) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect POWERSHARES S&P 500(R) EQUAL WEIGHT CONSUMER DISCRETIONARY PORTFOLIO POWERSHARES S&P 500(R) EQUAL WEIGHT CONSUMER DISCRETIONARY PORTFOLIO to open at $23.14, and during the day (based on 14 day Average True Range), to move between $23.07 and $23.27, which gives a possible trading interval of +/-$0.200 (+/-0.87%) up or down from last closing price. If POWERSHARES S&P 500(R) EQUAL WEIGHT CONSUMER DISCRETIONARY PORTFOLIO POWERSHARES S&P 500(R) EQUAL WEIGHT CONSUMER DISCRETIONARY PORTFOLIO takes out the full calculated possible swing range there will be an estimated 0.87% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $22.82, some $0.350 (1.51%) from the current price of $23.17, our system finds the risk reward attractive.

Is POWERSHARES S&P 500(R) EQUAL WEIGHT CONSUMER DISCRETIONARY PORTFOLIO POWERSHARES S&P 500(R) EQUAL WEIGHT CONSUMER DISCRETIONARY PORTFOLIO ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for POWERSHARES S&P 500(R) EQUAL WEIGHT ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Buy candidate.

Current score: 2.088 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - $23.14 ( 0.115%).

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