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 1.72%

The POWERSHARES S&P 500(R) EQUAL WEIGHT ETF price gained 0.0650% on the last trading day (Friday, 31st Jul 2026), rising from $23.08 to $23.09. During the last trading day the ETF fluctuated 0.780% from a day low at $23.07 to a day high of $23.25. The price has risen in 5 of the last 10 days but is still down by -0.15% for this period. Volume fell on the last day by -19 thousand shares and in total, 5 thousand shares were bought and sold for approximately $111.76 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 3.58% during the next 3 months and, with a 90% probability hold a price between $23.63 and $24.33 at the end of this 3-month period.

RCD Signals & Forecast

A sell signal was issued from a pivot top point on Monday, July 20, 2026, and so far it has fallen -0.86%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. Some positive signals were issued as well, and these may have some influence on the near short-term development. The POWERSHARES S&P 500(R) EQUAL WEIGHT ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $23.15. On a fall, the ETF will find some support from the long-term average at approximately $22.87. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 $23.03 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.180 between high and low, or 0.780%. For the last week the ETF has had daily average volatility of 0.96%

Our recommended stop-loss: $22.22 (-3.79%) (This ETF has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 9 days ago.)

Trading Expectations (RCD) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd 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 $22.99 and $23.19, which gives a possible trading interval of +/-$0.207 (+/-0.90%) 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 0.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $23.03 (0.26%) than the resistance at $23.16 (0.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.477 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $23.14 ( 0.202%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk