INVESCO S&P 500 HIGH DIVIDEN (SPHD) Stock Technical Analysis
NYSEARCA:SPHD - NYSE Arca - US46138E3624 - ETF - Currency: USD
Overall SPHD gets a technical rating of 2 out of 10. SPHD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the performance of all stocks over the past year, SPHD turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
SPHD 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 SPHD is lagging the market slightly.
In the last month SPHD has a been trading in a tight range between 46.38 and 48.32.
Considerably lower volume is observed in the last couple of days.
SPHD has a bad technical rating, but it does show 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. There is a support zone below the current price at 47.53, a Stop Loss order could be placed below this zone.
More info and screens
45.66
52.28
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.19 to 47.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.12 to 46.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 47.58 to 47.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.33 from a horizontal line in the daily time frame.
- Resistance @50.47 from a horizontal line in the daily time frame.
- A resistance zone ranging from 51.76 to 51.76. 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 | DOWN | NEGATIVE | The long term trend for SPHD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPHD is neutral. |
| ChartMill Relative Strength | 46.4 | NEUTRAL | SPHD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPHD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPHD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPHD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.05 | NEUTRAL | The RSI value for SPHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SPHD has a positive trend. |
| Stochastics (14,3) | 57.97 | NEUTRAL | The Stochastics value for SPHD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for SPHD suggests low volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for SPHD 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)
47.54
+0.06 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-0.02%
2 Weeks-1.25%
1 Month0.19%
3 Month-6.01%
6 Month-5.66%
12 Month6.33%
2 Year14.97%
3 Year7.7%
5 Year44.41%
10 Year50.16%
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%1.21%
ATR Inc-17.27%
Range Today0.49
ADR(20)0.53
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.4
Mansfield-0.6
10 Day High48.32
10 Day Low46.39
20 Day High48.32
20 Day Low46.39
52 Week High51.89
52 Week Low43.39
CS1 End47.53
CR1 Start47.58
Volume & EV
DER(3)2.07%
DER(5)-0.26%
Volume559.00K
Volume Incr-8.32%
Vol(5)488.96K
Vol(50)873.41K