SPDR PORT SHRT TRM CORP BND (SPSB) Stock Technical Analysis
NYSEARCA:SPSB - NYSE Arca - US78464A4748 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to SPSB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SPSB is only an average performer.
SPSB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 30.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPSB 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.
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28.92
When analyzing the support we notice one important area.
- A support zone ranging from 29.21 to 30.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 30.31 to 30.31. 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 SPSB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPSB is up. |
| ChartMill Relative Strength | 46.22 | NEUTRAL | SPSB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPSB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPSB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.22 | NEUTRAL | The RSI value for SPSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SPSB has a positive trend. |
| Stochastics (14,3) | 71.11 | NEUTRAL | The Stochastics value for SPSB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for SPSB suggests low volalility. |
| Average Directional Index/ADX (14) | 9.43 | NEGATIVE | The low ADX value for SPSB suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 30.09 | 29.92 | 0.17 (0.56%) | 25.00% |
| An entry @30.09. This is a Buy Stop order right above the 10 day high. | An exit @29.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 0.56%. | For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:SPSB (6/20/2025, 8:04:00 PM)
After market: 30.0601 -0.01 (-0.03%)30.07
+0.05 (+0.17%)