SPDR S&P 500 LDRS UC ETF-USD (500X.MI) Stock Technical Analysis
BIT:500X - Euronext Milan - IE00BH4GPZ28 - ETF - Currency: EUR
Taking everything into account, 500X scores 2 out of 10 in our technical rating. In the past year, 500X was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, 500X is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: 500X has an average volume of 16895 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 500X has a been trading in the 31.55 - 37.27 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
500X is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so 500X is lagging the market slightly.
500X has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.38
42.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.30 to 36.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.44 to 33.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 31.70 to 31.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @37.48 from a horizontal line in the daily time frame.
- A resistance zone ranging from 41.72 to 41.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for 500X.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 500X.MI is up. |
| ChartMill Relative Strength | 37.53 | NEUTRAL | 500X.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of 500X.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.08 | NEUTRAL | The RSI value for 500X.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests 500X.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.82 | OVERBOUGHT | The high Stochastics value suggests 500X.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for 500X.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for 500X.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:500X (6/5/2025, 7:00:00 PM)
36.78
+0.39 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.07%
1 Week2.75%
2 Weeks5.42%
1 Month11.64%
3 Month-10.64%
6 Month-8.19%
12 Month7.86%
2 Year31.52%
3 Year41.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.18%
ATR Inc-60.67%
Range Today0.34
ADR(20)0.4
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.53
Mansfield-0.55
10 Day High37.27
10 Day Low34.49
20 Day High37.27
20 Day Low31.55
52 Week High41.73
52 Week Low30.79
CS1 End36.5
CR1 Start37.48
Volume & EV
DER(3)0%
DER(5)0%
Volume10.45K
Volume Incr14.63%
Vol(5)14.05K
Vol(50)16.90K