INVESCO S&P 500 LOW VOLATILI (SPLV) Stock Technical Analysis
NYSEARCA:SPLV - NYSE Arca - US46138E3541 - ETF - Currency: USD
Taking everything into account, SPLV scores 7 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, SPLV is only an average performer.
The long and short term trends are both positive. This is looking good!
SPLV 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 SPLV is lagging the market slightly.
SPLV has an average volume of 2027780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SPLV turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
In the last month SPLV has a been trading in a tight range between 71.71 and 73.69.
Although SPLV has an excellent technical rating, it 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
67.45
75.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 71.54 to 73.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.58 from a horizontal line in the daily time frame.
- A support zone ranging from 68.13 to 68.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.85 to 75.06. 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 SPLV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPLV is up. |
| ChartMill Relative Strength | 52.27 | NEUTRAL | SPLV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPLV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPLV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.95 | NEUTRAL | The RSI value for SPLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SPLV has a positive trend. |
| Stochastics (14,3) | 67.06 | NEUTRAL | The Stochastics value for SPLV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for SPLV suggests low volalility. |
| Average Directional Index/ADX (14) | 8.9 | NEGATIVE | The low ADX value for SPLV 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)
73.65
+0.94 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.29%
1 Week2.28%
2 Weeks1.49%
1 Month1.4%
3 Month2.82%
6 Month3.62%
12 Month9.53%
2 Year16.41%
3 Year14.17%
5 Year38.26%
10 Year93.1%
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%0.93%
ATR Inc17.34%
Range Today0.94
ADR(20)0.65
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.27
Mansfield-0.55
10 Day High73.69
10 Day Low71.82
20 Day High73.69
20 Day Low71.71
52 Week High75.43
52 Week Low66.56
CS1 End73.14
CR1 Start74.85
Volume & EV
DER(3)-0.89%
DER(5)-1.02%
Volume3.14M
Volume Incr51.4%
Vol(5)2.69M
Vol(50)2.03M