INVESCO S&P 500 VALUE WITH M (SPVM) Stock Technical Analysis
NYSEARCA:SPVM - NYSE Arca - US46137V4234 - ETF - Currency: USD
Overall SPVM gets a technical rating of 5 out of 10. In the last year, SPVM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, SPVM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 57.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.87, a Stop Loss order could be placed below this zone.
More info and screens
51.46
We found 3 important support areas.
- A support zone ranging from 56.72 to 57.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.90 to 53.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @51.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.98 to 60.16. 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 SPVM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPVM is neutral. |
| ChartMill Relative Strength | 58.27 | NEUTRAL | SPVM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPVM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPVM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPVM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.67 | NEUTRAL | The RSI value for SPVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SPVM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.8 | NEUTRAL | The Stochastics value for SPVM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for SPVM suggests low volalility. |
| Average Directional Index/ADX (14) | 13.09 | NEGATIVE | The low ADX value for SPVM suggests a weak or negative trend. |
NYSEARCA:SPVM (6/20/2025, 8:04:00 PM)
57.9682
+0.3 (+0.52%)