Rydex S&P Equal Weight(RSP)

Rydex S&P Equal Weight (RSP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for RSP · data as of Aug 14, 2026. The chart above is live; the read below updates daily.

$222.77last close · Aug 14, 202652-week range $182.11 – $222.96 · 0.09% below the high

Rising Wedge · playing out now

RSP is breaking out above a rising wedge — these usually break lower, so a push higher instead is a notably bullish turn.

On this chart, setups like it have followed through about 52% of the time.

As long as price stays above $213.6, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $223.6 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

RSP Rising Wedge Pattern

RSP is currently forming a rising wedge on the daily timeframe. Detected Aug 14, 2026.

DirectionBullishTarget$223.59Projected move+3.1%Breakout level$217.15

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate

49.3%

Avg return

+0.01R

Backtested trades

9,362

RSP win rate

42.9%

Historical pattern statistics (2006-08-14 – 2026-08-14), not a prediction.

How these backtests work →

RSP Pattern Trade History

Every completed pattern trade our nightly backtest found on RSP's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Jul 20, 2026 @ $213.22	Jul 28, 2026 @ $217.69	Loss	-1.42R
Rising Wedge	Oct 31, 2025 @ $186.98	Dec 10, 2025 @ $193.17	Loss	-1.16R
Triangle	Jun 26, 2025 @ $180.25	Jul 15, 2025 @ $182.05	Win	+0.42R
Triangle	Mar 3, 2025 @ $177.51	Mar 10, 2025 @ $173.03	Win	+0.82R
Rising Wedge	Dec 11, 2024 @ $184.12	Dec 18, 2024 @ $176.97	Win	+1.77R
Rising Wedge	Oct 23, 2024 @ $178.99	Nov 6, 2024 @ $182.90	Loss	-1.21R
Rising Wedge	Oct 15, 2024 @ $181.26	Oct 31, 2024 @ $176.29	Loss	-1.03R
Triangle	Jul 11, 2024 @ $165.88	Jul 24, 2024 @ $167.15	Win	+0.40R
Triangle	Jul 2, 2024 @ $162.90	Jul 11, 2024 @ $167.06	Loss	-1.13R
Falling Wedge	Jun 2, 2023 @ $142.59	Jun 21, 2023 @ $146.63	Win	+1.07R
Triangle	May 25, 2023 @ $140.18	Jun 6, 2023 @ $144.21	Loss	-1.09R
Triangle	Jan 27, 2023 @ $150.21	Mar 9, 2023 @ $143.50	Loss	-1.15R

Recent Rising Wedges on Other Charts

TNAstopped −14.1%Aug 14, 2026 IWMstopped −1.5%Aug 13, 2026 MRKstopped −5.8%Aug 13, 2026 EWZhit target +4.8%Aug 11, 2026

Learn about rising wedge

RSP Support and Resistance Levels

Price is being turned away at a ceiling near $223.12 and starting to slide. On the weekly chart, the next floor below sits near $195.22 — about 12% away.

Traders commonly watch $195.22 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on yet — the spot to watch is right at the $223.12 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $194.18, resistance near $223.12. These are chart/swing-derived levels, not formula pivots.

Resistance

$223.12$238.33$297.20

Support

$194.18$188.33$150.35

RSP Recent Daily Prices

Date	Open	High	Low	Close
Aug 14, 2026	$222.93	$222.96	$222.33	$222.77
Aug 13, 2026	$221.77	$222.91	$221.49	$222.73
Aug 12, 2026	$220.95	$221.37	$219.87	$221.08
Aug 11, 2026	$219.97	$221.23	$219.91	$220.69
Aug 10, 2026	$220.28	$220.42	$219.41	$220.22
Aug 7, 2026	$219.03	$220.37	$218.41	$220.09
Aug 6, 2026	$220.16	$220.16	$218.20	$218.58
Aug 5, 2026	$220.82	$221.09	$219.24	$219.73
Aug 4, 2026	$217.57	$220.45	$216.92	$220.23
Aug 3, 2026	$215.87	$217.27	$215.87	$217.11

RSP Frequently Asked Questions

What chart pattern is RSP forming right now?

As of Aug 14, 2026, TradingPal's detector identifies a rising wedge on Rydex S&P Equal Weight (RSP) on the daily chart, with a measured-move target of $223.59.

Is a rising wedge bullish or bearish?

The rising wedge detected on RSP is a bullish pattern, projecting a measured-move target of $223.59. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a rising wedge pattern, and what is its win rate?

Across TradingPal's backtest of the rising wedge family (9,362 trades over 631 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.01R. These are historical statistics, not a prediction.

What are the support and resistance levels for RSP?

Based on auto-detected, swing-derived levels (as of Aug 14, 2026), RSP's nearest support is around $194.18 and nearest resistance around $223.12.

What is the price target if RSP's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $223.59 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was RSP's closing price on Aug 14, 2026?

Rydex S&P Equal Weight (RSP) last closed at $222.77 on Aug 14, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.