Overall SPTS gets a technical rating of 2 out of 10. SPTS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, SPTS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 29.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPTS in the last couple of days, which is a good sign.
28.43
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 SPTS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPTS is neutral. |
| ChartMill Relative Strength | 38 | NEUTRAL | SPTS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPTS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.42 | NEUTRAL | The RSI value for SPTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SPTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.52 | NEUTRAL | The Stochastics value for SPTS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.1 | LOW VOLATILITY | The low ATR as a percentage value for SPTS suggests low volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for SPTS suggests a weak or negative trend. |
29.27
-0.03 (-0.1%)
ChartMill assigns a technical rating of 2 / 10 to SPTS.
The current trend direction for SS SPDR P ST TERM TSY ETF (SPTS) is Bullish.
SS SPDR P ST TERM TSY ETF (SPTS) has an RSI value of 49.4155. This indicates that the stock is currently neutral.
The MACD indicator for SS SPDR P ST TERM TSY ETF (SPTS) has a value of 0.00145619, indicating a bearish trend.