ISHARES S&P 500 TOP 20 ETF (SP20.PA) Stock Technical Analysis
EPA:SP20 - Euronext Paris - Matif - IE000VA628D5 - ETF - Currency: USD
Taking everything into account, SP20 scores 5 out of 10 in our technical rating. In the last year, SP20 was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, SP20 does present a nice setup opportunity. 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 resistance zone just above the current price starting at 4.41. Right above this resistance zone may be a good entry point.
More info and screens
4.24
We found 1 important support area.
- A support zone ranging from 4.28 to 4.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.41 to 4.47. 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 SP20.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SP20.PA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SP20.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SP20.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SP20.PA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 58.64 | NEUTRAL | The RSI value for SP20.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SP20.PA has a negative trend. |
| Stochastics (14,3) | 65.36 | NEUTRAL | The Stochastics value for SP20.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for SP20.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for SP20.PA suggests a weak or negative trend. |
EPA:SP20 (5/27/2025, 7:00:00 PM)
4.3867
+0.04 (+0.88%)