SPDR PORTFOLIO EUROPE ETF (SPEU) Stock Technical Analysis
USA - NYSEARCA:SPEU - US78463X1037 - ETF
49.26 USD
+0.51 (+1.05%)
49.09 USD
-0.17 (-0.35%)
Taking everything into account, SPEU scores 6 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, SPEU is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SPEU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, SPEU outperforms 55% of them, which is more or less in line with the market.
In the last month SPEU has a been trading in a tight range between 48.11 and 50.00.
Considerably lower volume is observed in the last couple of days.
SPEU 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
38.68
50.62
We found 4 important support areas.
- A support zone ranging from 48.26 to 48.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.06 to 47.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.49 from a horizontal line in the weekly time frame.
- Support @39.07 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.29 to 50.12. 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 SPEU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPEU is neutral. |
| ChartMill Relative Strength | 55.53 | NEUTRAL | SPEU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPEU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPEU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPEU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.17 | NEUTRAL | The RSI value for SPEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SPEU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.3 | NEUTRAL | The Stochastics value for SPEU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for SPEU suggests low volalility. |
| Average Directional Index/ADX (14) | 11.71 | NEGATIVE | The low ADX value for SPEU 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)
49.26
+0.51 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.05%
1 Week-0.73%
2 Weeks-0.59%
1 Month0.01%
3 Month1.88%
6 Month10.47%
12 Month10.01%
2 Year36.42%
3 Year71.05%
5 Year50.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%0.8%
ATR Inc68.32%
Range Today0.23
ADR(20)0.27
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.53
Mansfield-0.13
10 Day High50
10 Day Low48.56
20 Day High50
20 Day Low48.11
52 Week High50.18
52 Week Low38.99
CS1 End48.96
CR1 Start49.29
Volume & EV
DER(3)-4.74%
DER(5)-2.92%
Volume28.20K
Volume Incr-29.61%
Vol(5)46.00K
Vol(50)79.98K