SPDR PORTFOLIO DEVELOPED WOR (SPDW) Stock Technical Analysis
USA - NYSEARCA:SPDW - US78463X8891 - ETF
Overall SPDW gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, SPDW also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
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32.91
When analyzing the support we can see 4 important areas.
- Support @41.36 from a horizontal line in the daily time frame.
- A support zone ranging from 39.79 to 39.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.20 from a horizontal line in the weekly time frame.
- Support @33.24 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.21 to 44.03. 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 SPDW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPDW is neutral. |
| ChartMill Relative Strength | 77.5 | POSITIVE | SPDW has a high relative strength, it outperformed 77.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPDW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPDW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPDW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.54 | NEUTRAL | The RSI value for SPDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SPDW has a negative trend. |
| Stochastics (14,3) | 13.53 | OVERSOLD | The low Stochastics value suggests SPDW may be oversold. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for SPDW suggests low volalility. |
| Average Directional Index/ADX (14) | 13.87 | NEGATIVE | The low ADX value for SPDW suggests a weak or negative trend. |
43.11
-0.21 (-0.48%)
SPDR PORTFOLIO DEVELOPED WOR / SPDW FAQ
What is the ChartMill technical rating of SPDR PORTFOLIO DEVELOPED WOR (SPDW) stock?
ChartMill assigns a technical rating of 7 / 10 to SPDW.
Can you provide the trend direction for SPDR PORTFOLIO DEVELOPED WOR?
The current trend direction for SPDR PORTFOLIO DEVELOPED WOR (SPDW) is Bullish.
What is the RSI signal for SPDW stock?
SPDR PORTFOLIO DEVELOPED WOR (SPDW) has an RSI value of 47.5426. This indicates that the stock is currently neutral.
What is the MACD signal for SPDW stock?
The MACD indicator for SPDR PORTFOLIO DEVELOPED WOR (SPDW) has a value of -0.0942352, indicating a bearish trend.
What is the short term momentum for SPDW stock?
The short term momentum for SPDR PORTFOLIO DEVELOPED WOR (SPDW) is neutral.