GOTHAM ENHANCED 500 ETF (GSPY) Stock Technical Analysis
NYSEARCA:GSPY - NYSE Arca - US8863648353 - ETF - Currency: USD
Taking everything into account, GSPY scores 7 out of 10 in our technical rating. GSPY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: GSPY has an average volume of 9552 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
GSPY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GSPY is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, GSPY outperforms 68% of them, which is more or less in line with the market.
In the last month GSPY has a been trading in a tight range between 31.51 and 33.05.
Besides having an excellent technical rating, GSPY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for GSPY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
27.09
33.86
We found 4 important support areas.
- A support zone ranging from 31.18 to 31.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.55 from a trend line in the weekly time frame.
- Support @27.81 from a horizontal line in the weekly time frame.
- Support @27.36 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.75 to 33.52. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for GSPY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSPY is up. |
| ChartMill Relative Strength | 68.1 | NEUTRAL | GSPY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSPY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSPY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSPY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.55 | NEUTRAL | The RSI value for GSPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GSPY has a negative trend. |
| Stochastics (14,3) | 71.75 | NEUTRAL | The Stochastics value for GSPY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for GSPY suggests low volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for GSPY 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.76 | 32.27 | 0.49 (1.49%) | 25.00% |
| An entry @32.76. This is a Buy Stop order right above the 10 day moving average. | An exit @32.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.49 points, which is 1.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:GSPY (6/18/2025, 8:04:01 PM)
32.6518
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week-0.6%
2 Weeks0.47%
1 Month0.9%
3 Month5.12%
6 Month1.4%
12 Month9.52%
2 Year34.08%
3 Year57.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%0.87%
ATR Inc-7.74%
Range Today0.18
ADR(20)0.2
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.1
Mansfield-0.02
10 Day High33.05
10 Day Low32.28
20 Day High33.05
20 Day Low31.51
52 Week High33.52
52 Week Low26.8
CS1 End31.75
CR1 Start32.75
Volume & EV
DER(3)4.54%
DER(5)0.12%
Volume7.20K
Volume Incr-16.69%
Vol(5)9.66K
Vol(50)9.55K