SIMPLIFY US EQUITY PLUS DOWN (SPD) Stock Technical Analysis
NYSEARCA:SPD - NYSE Arca - US82889N2027 - ETF - Currency: USD
Taking everything into account, SPD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPD is showing a nice and steady performance.
Warning: SPD has an average volume of 11242 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SPD is one of the better performing stocks in the market, outperforming 71% of all stocks. We also observe that the gains produced by SPD over the past year are nicely spread over this period.
SPD 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 SPD is lagging the market slightly.
In the last month SPD has a been trading in the 36.17 - 39.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
SPD 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. We notice that large players showed an interest for SPD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
31.17
39.34
5 important support areas can be observed.
- A support zone ranging from 36.11 to 36.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.69 from a horizontal line in the daily time frame.
- Support @33.93 from a horizontal line in the daily time frame.
- Support @32.10 from a trend line in the weekly time frame.
- Support @31.48 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @38.02 from a trend line in the daily time frame.
- A resistance zone ranging from 38.95 to 38.95. 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 SPD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPD is up. |
| ChartMill Relative Strength | 71.29 | POSITIVE | SPD has a high relative strength, it outperformed 71.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.35 | NEUTRAL | The RSI value for SPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SPD has a negative trend. |
| Stochastics (14,3) | 31.65 | NEUTRAL | The Stochastics value for SPD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for SPD suggests low volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for SPD suggests a strong 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)
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 |
|---|---|---|---|
| 38.03 | 37.35 | 0.68 (1.79%) | 25.00% |
| An entry @38.03. This is a Buy Stop order right above the resistance zone. | An exit @37.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.68 points, which is 1.79%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SPD. Please evaluate whether better entry and exit points can be found.
- 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.
NYSEARCA:SPD (7/22/2025, 1:30:00 PM)
37.87
+0.05 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-0.14%
2 Weeks-0.28%
1 Month4.57%
3 Month9.69%
6 Month8.46%
12 Month16.95%
2 Year34.58%
3 Year35.86%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%1.32%
ATR Inc-16.64%
Range Today0.22
ADR(20)0.4
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.29
Mansfield0.2
10 Day High38.37
10 Day Low37.36
20 Day High39.13
20 Day Low36.17
52 Week High39.13
52 Week Low29.54
CS1 End36.16
CR1 Start37.85
Volume & EV
DER(3)4.37%
DER(5)1.22%
Volume6.85K
Volume Incr-38.06%
Vol(5)6.60K
Vol(50)11.24K