SPDR NUVEEN BLOOMBERG SHORT (SHM) Stock Technical Analysis
NYSEARCA:SHM - NYSE Arca - US78468R7391 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to SHM. In the last year, SHM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When compared to the yearly performance of all other stocks, SHM outperforms 52% of them, which is more or less in line with the market.
SHM 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 SHM is lagging the market slightly.
In the last month SHM has a been trading in a tight range between 47.18 and 47.56.
Considerably lower volume is observed in the last couple of days.
SHM has an average technical rating and it also does not offer a high quality setup 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
45.68
48.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.01 to 47.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.64 to 48.20. 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 | NEUTRAL | NEUTRAL | The long term trend for SHM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHM is up. |
| ChartMill Relative Strength | 52.68 | NEUTRAL | SHM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SHM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.75 | NEUTRAL | The RSI value for SHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SHM has a positive trend. |
| Stochastics (14,3) | 93.31 | OVERBOUGHT | The high Stochastics value suggests SHM may be overbought. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for SHM suggests low volalility. |
| Average Directional Index/ADX (14) | 10.47 | NEGATIVE | The low ADX value for SHM 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)
NYSEARCA:SHM (5/28/2025, 8:04:00 PM)
47.54
-0.01 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week0.17%
2 Weeks0.38%
1 Month0.46%
3 Month-0.79%
6 Month-0.67%
12 Month1.38%
2 Year1.78%
3 Year0.55%
5 Year-4.84%
10 Year-1.74%
15 Year-1.37%
Volatility
ATR(14)0.08
ATR(20)%0.18%
ATR Inc-11.26%
Range Today0.06
ADR(20)0.08
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.68
Mansfield-0.32
10 Day High47.56
10 Day Low47.29
20 Day High47.56
20 Day Low47.18
52 Week High48.2
52 Week Low46.56
CS1 End47.52
CR1 Start47.64
Volume & EV
DER(3)-1.47%
DER(5)-2.57%
Volume287.50K
Volume Incr-6.64%
Vol(5)282.72K
Vol(50)466.51K