SPDR PORTFOLIO S&P 600 SMALL (SPSM) Stock Technical Analysis
NYSEARCA:SPSM - NYSE Arca - US78468R8530 - ETF - Currency: USD
Taking everything into account, SPSM scores 4 out of 10 in our technical rating. SPSM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month SPSM has a been trading in the 41.76 - 44.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SPSM has an average volume of 1638030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, SPSM turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
SPSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPSM is lagging the market.
Although the technical rating is only medium, SPSM does present a nice setup opportunity. 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 42.78, a Stop Loss order could be placed below this zone.
More info and screens
36.51
46.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 42.25 to 42.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.44 from a horizontal line in the daily time frame.
- Support @37.51 from a trend line in the weekly time frame.
- Support @36.88 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.26 to 44.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.82 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SPSM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPSM is neutral. |
| ChartMill Relative Strength | 49.08 | NEUTRAL | SPSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPSM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.31 | NEUTRAL | The RSI value for SPSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SPSM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.76 | NEUTRAL | The Stochastics value for SPSM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for SPSM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.11 | NEGATIVE | The low ADX value for SPSM 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)
NYSEARCA:SPSM (8/7/2025, 3:39:47 PM)
43.04
-0.14 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week-0.8%
2 Weeks-2.9%
1 Month-1.89%
3 Month6.88%
6 Month-5.56%
12 Month0.84%
2 Year9.93%
3 Year13.96%
5 Year50.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.49%
ATR Inc-38.67%
Range Today0.74
ADR(20)0.58
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.08
Mansfield-0.88
10 Day High44.31
10 Day Low41.76
20 Day High44.75
20 Day Low41.76
52 Week High50.03
52 Week Low34.79
CS1 End42.78
CR1 Start43.26
Volume & EV
DER(3)-1.52%
DER(5)-0.58%
Volume1.09M
Volume Incr-14.99%
Vol(5)1.58M
Vol(50)1.64M