Taking everything into account, SDY scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SDY is only an average performer.
SDY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 140.30, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
120.35
We found 4 important support areas.
- A support zone ranging from 136.08 to 140.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @133.04 from a horizontal line in the daily 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.
We found 1 important resistance area.
- A resistance zone ranging from 143.68 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 | UP | POSITIVE | The short term trend for SDY is up. |
| ChartMill Relative Strength | 53.04 | NEUTRAL | SDY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDY is above the rising 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) | UP | POSITIVE | The current price of SDY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.77 | NEUTRAL | The RSI value for SDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SDY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.19 | NEUTRAL | The Stochastics value for SDY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for SDY suggests low volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for SDY suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 140.57 | 138.33 | 2.24 (1.60%) | 25.00% |
| An entry @140.57. This is a Buy Stop order right above the 10 day moving average. | An exit @138.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.24 points, which is 1.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
- 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.
140.33
-0.69 (-0.49%)
SS SPDR S&P DIVIDEND ETF / SDY FAQ
Can you provide the ChartMill technical rating for SS SPDR S&P DIVIDEND ETF?
ChartMill assigns a technical rating of 7 / 10 to SDY.
What is the trend direction for SDY stock?
The current trend direction for SS SPDR S&P DIVIDEND ETF (SDY) is Bullish.
What is the RSI signal for SS SPDR S&P DIVIDEND ETF (SDY) stock?
SS SPDR S&P DIVIDEND ETF (SDY) has an RSI value of 52.771. This indicates that the stock is currently neutral.
What is the MACD signal for SS SPDR S&P DIVIDEND ETF (SDY) stock?
The MACD indicator for SS SPDR S&P DIVIDEND ETF (SDY) has a value of 0.0640222, indicating a bearish trend.
Can you provide the buy/sell signal for SS SPDR S&P DIVIDEND ETF?
The buy/sell signal for SS SPDR S&P DIVIDEND ETF (SDY) is buy as both the short term and long term trends are positive.