SPDR PORTFOLIO S&P 600 SMALL (SPSM) Stock Technical Analysis
NYSEARCA:SPSM - NYSE Arca - US78468R8530 - ETF - Currency: USD
Overall SPSM gets a technical rating of 7 out of 10. Although SPSM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SPSM has an average volume of 1584590 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, SPSM turns out to be only a medium performer in the overall market: it outperformed 50% 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.
In the last month SPSM has a been trading in a tight range between 42.78 and 44.75.
SPSM has an excellent technical rating and 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. There is a support zone below the current price at 43.52, a Stop Loss order could be placed below this zone.
More info and screens
37.11
46.28
When analyzing the support we can see 3 important areas.
- Support @41.43 from a horizontal line in the daily time frame.
- Support @40.55 from a horizontal line in the daily time frame.
- Support @37.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.05 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 | UP | POSITIVE | The long term trend for SPSM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPSM is neutral. |
| ChartMill Relative Strength | 50.39 | NEUTRAL | SPSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPSM is below 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) | DOWN | NEGATIVE | The current price of SPSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for SPSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SPSM has a negative trend. |
| Stochastics (14,3) | 51.93 | NEUTRAL | The Stochastics value for SPSM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for SPSM suggests low volalility. |
| Average Directional Index/ADX (14) | 11.61 | 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)
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 |
|---|---|---|---|
| 43.87 | 43.24 | 0.63 (1.44%) | 25.00% |
| An entry @43.87. This is a Buy Stop order right above the 10 day moving average. | An exit @43.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.63 points, which is 1.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.36%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPSM. Please evaluate whether better entry and exit points can be found.
- 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:SPSM (7/31/2025, 1:43:02 PM)
43.05
-0.48 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.1%
1 Week-2.11%
2 Weeks0.16%
1 Month0.62%
3 Month8.34%
6 Month-5.86%
12 Month0.67%
2 Year6.12%
3 Year9.9%
5 Year57.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.45%
ATR Inc17.03%
Range Today0.52
ADR(20)0.59
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.39
Mansfield-0.86
10 Day High44.5
10 Day Low43.25
20 Day High44.75
20 Day Low42.78
52 Week High50.03
52 Week Low34.79
CS1 End43.52
CR1 Start43.83
Volume & EV
DER(3)0.1%
DER(5)1.6%
Volume1.09M
Volume Incr-30.68%
Vol(5)1.37M
Vol(50)1.58M