SP FUNDS S&P GLOBAL TECH ETF (SPTE) Stock Technical Analysis
NYSEARCA:SPTE - NYSE Arca - US84612A1016 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to SPTE. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: SPTE has an average volume of 9668 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SPTE is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by SPTE over the past year are nicely spread over this period.
SPTE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SPTE has a been trading in a tight range between 30.80 and 32.00.
SPTE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 30.95, a Stop Loss order could be placed below this zone.
More info and screens
22.11
32.33
We found 4 important support areas.
- A support zone ranging from 30.95 to 30.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.86 from a horizontal line in the daily time frame.
- Support @27.99 from a horizontal line in the daily time frame.
- Support @22.33 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.56 to 32.01. 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 SPTE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPTE is neutral. |
| ChartMill Relative Strength | 79.9 | POSITIVE | SPTE has a high relative strength, it outperformed 79.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPTE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPTE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPTE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.89 | NEUTRAL | The RSI value for SPTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SPTE has a negative trend. |
| Stochastics (14,3) | 32.65 | NEUTRAL | The Stochastics value for SPTE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for SPTE suggests low volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for SPTE suggests a possible start of a new 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:SPTE (8/6/2025, 12:46:25 PM)
31.35
+0.11 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.36%
1 Week-1.49%
2 Weeks-0.91%
1 Month-0.15%
3 Month15.95%
6 Month9.54%
12 Month23.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.1%
ATR Inc61.13%
Range Today0.12
ADR(20)0.28
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.9
Mansfield0.41
10 Day High31.99
10 Day Low30.8
20 Day High32
20 Day Low30.8
52 Week High32
52 Week Low21.32
CS1 End30.95
CR1 Start31.56
Volume & EV
DER(3)-2.49%
DER(5)-0.4%
Volume6.96K
Volume Incr0.3%
Vol(5)10.06K
Vol(50)9.67K