SS SPDR P S&P 600 SMALL CAP (SPSM) Technical Analysis
NYSEARCA:SPSM • US78468R8530
Current stock price
47.93 USD
+0.21 (+0.44%)
At close:
47.93 USD
0 (0%)
After Hours:
SPSM Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SPSM. SPSM 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.
- SPSM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SPSM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPSM is performing more or less in line with the market.
- SPSM has an average volume of 2604150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 68% of all stocks.
SPSM Weekly and Daily overview Charts
SPSM Setup Rating and Analysis
Although the technical rating is bad, SPSM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.79, a Stop Loss order could be placed below this zone.
More info and screens
SPSM Support and Resistance Analysis
44.00
52.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 47.16 to 47.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.32 from a trend line in the daily time frame.
- A support zone ranging from 44.44 to 44.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 48.01 to 49.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 50.84 to 51.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPSM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for SPSM is down. |
| ChartMill Relative Strength | 68.26 | 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) | DOWN | NEGATIVE | The current price of SPSM is below a declining 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) | 38.19 | NEUTRAL | The RSI value for SPSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests SPSM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.71 | NEUTRAL | The Stochastics value for SPSM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SPSM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.05 | POSITIVE | The high ADX value value for SPSM suggests a strong trend. |
SPSM Chart- and CandleStick Pattern Analysis
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)
SPSM Technicals: Chart, Performance Metrics, Trend & Indicators
47.93
+0.21 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week0.63%
2 Weeks-3.64%
1 Month-6.09%
3 Month-0.02%
6 Month2.68%
12 Month16.31%
2 Year11.36%
3 Year26.9%
5 Year13.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%2.1%
ATR Inc-15.77%
Range Today1.15
ADR(20)0.86
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.26
3 months CRS62.09
6 months CRS68.71
Mansfield0.3
10 Day High49.43
10 Day Low47.16
20 Day High51.54
20 Day Low47.16
52 Week High52.04
52 Week Low34.79
CS1 End47.79
CR1 Start48.01
Volume & EV
DER(3)-3.02%
DER(5)-3.45%
Volume5.35M
Volume Incr40.28%
Vol(5)3.59M
Vol(50)2.60M
SS SPDR P S&P 600 SMALL CAP / SPSM TA FAQ
What is the technical rating for SPSM stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for SPSM stock?
SS SPDR P S&P 600 SMALL CAP (SPSM) has an RSI value of 38.1937. 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 -0.209276, indicating a bearish trend.