Overall SPSM gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SPSM is only an average performer.
- The long and short term trends are both positive. This is looking good!
- SPSM 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 SPSM is lagging the market slightly.
- SPSM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- SPSM has an average volume of 2369670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, SPSM outperforms 62% of them, which is more or less in line with the market.
Besides having an excellent technical rating, SPSM also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
42.77
When analyzing the support we can see 5 important areas.
- A support zone ranging from 49.10 to 49.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.16 to 48.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.80 from a trend line in the daily time frame.
- A support zone ranging from 44.44 to 44.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 43.20 to 43.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.03 to 50.85. 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 SPSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPSM is up. |
| ChartMill Relative Strength | 62.87 | NEUTRAL | SPSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPSM is above the rising 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) | UP | POSITIVE | The current price of SPSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.43 | NEUTRAL | The RSI value for SPSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SPSM has a negative trend. |
| Stochastics (14,3) | 47.43 | NEUTRAL | The Stochastics value for SPSM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for SPSM suggests low volalility. |
| Average Directional Index/ADX (14) | 21.27 | NEUTRAL | The ADX value for SPSM suggests a possible start of a new trend. |
49.83
+0.32 (+0.65%)
SS SPDR P S&P 600 SMALL CAP / SPSM FAQ
What is the technical rating for SPSM stock?
ChartMill assigns a technical rating of 8 / 10 to SPSM.
What is the trend direction for SPSM stock?
The current trend direction for SS SPDR P S&P 600 SMALL CAP (SPSM) is Bullish.
What is the RSI signal for SPSM stock?
SS SPDR P S&P 600 SMALL CAP (SPSM) has an RSI value of 57.4264. This indicates that the stock is currently neutral.
What is the MACD signal for SS SPDR P S&P 600 SMALL CAP (SPSM) stock?
The MACD indicator for SS SPDR P S&P 600 SMALL CAP (SPSM) has a value of -0.0637677, indicating a bearish trend.
Can you provide the buy/sell signal for SS SPDR P S&P 600 SMALL CAP?
The buy/sell signal for SS SPDR P S&P 600 SMALL CAP (SPSM) is buy as both the short term and long term trends are positive.