
USA - NYSEARCA:SDY - US78464A7634 - ETF
Taking everything into account, SDY scores 0 out of 10 in our technical rating. SDY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SDY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 137.07, a Stop Loss order could be placed below this zone.
120.35
4 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for SDY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDY is down. |
| ChartMill Relative Strength | 35.55 | NEUTRAL | SDY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SDY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.97 | NEUTRAL | The RSI value for SDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests SDY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.8 | NEUTRAL | The Stochastics value for SDY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for SDY suggests low volalility. |
| Average Directional Index/ADX (14) | 20.46 | NEUTRAL | The ADX value for SDY suggests a possible start of a new trend. |
137.23
+1.15 (+0.85%)
ChartMill assigns a technical rating of 0 / 10 to SDY.
The current trend direction for SS SPDR S&P DIVIDEND ETF (SDY) is Bearish.
SS SPDR S&P DIVIDEND ETF (SDY) has an RSI value of 43.9732. This indicates that the stock is currently neutral.
The MACD indicator for SS SPDR S&P DIVIDEND ETF (SDY) has a value of -0.225245, indicating a bearish trend.