SPDR S&P DIVIDEND ETF (SDY) Stock Technical Analysis
NYSEARCA:SDY - NYSE Arca - US78464A7634 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to SDY. SDY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SDY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SDY is lagging the market slightly.
When compared to the yearly performance of all other stocks, SDY outperforms 48% of them, which is more or less in line with the market.
In the last month SDY has a been trading in a tight range between 135.43 and 140.52.
Although the technical rating is only medium, SDY does present a nice setup opportunity. 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.
More info and screens
120.35
145.45
4 important support areas can be observed.
- A support zone ranging from 133.04 to 133.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @129.64 from a trend line in the weekly time frame.
- A support zone ranging from 125.87 to 125.89. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 121.57 to 123.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 138.49 to 138.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 141.91 to 144.01. 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 | UP | POSITIVE | The long term trend for SDY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SDY is neutral. |
| ChartMill Relative Strength | 48.75 | 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) | UP | POSITIVE | The current price of SDY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SDY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.33 | NEUTRAL | The RSI value for SDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests SDY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.82 | NEUTRAL | The Stochastics value for SDY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for SDY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for SDY 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)
138.08
+0.27 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week-0.8%
2 Weeks-1.58%
1 Month-0.15%
3 Month4.23%
6 Month3.9%
12 Month3.57%
2 Year12.95%
3 Year11.62%
5 Year43.3%
10 Year87.46%
15 Year197.46%
Volatility
ATR(14)1.24
ATR(20)%0.94%
ATR Inc-22.9%
Range Today0.65
ADR(20)1.26
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.75
Mansfield-0.58
10 Day High140.52
10 Day Low135.43
20 Day High140.52
20 Day Low135.43
52 Week High144.45
52 Week Low119.83
CS1 End133.69
CR1 Start138.49
Volume & EV
DER(3)2.42%
DER(5)0.29%
Volume281.10K
Volume Incr18%
Vol(5)260.28K
Vol(50)241.89K