INVESCO S&P 500 VALUE WITH M (SPVM) Stock Technical Analysis
USA - NYSEARCA:SPVM - US46137V4234 - ETF
64.7 USD
-0.43 (-0.66%)
65.4 USD
+0.7 (+1.08%)
Overall SPVM gets a technical rating of 8 out of 10. Although SPVM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: SPVM has an average volume of 3939 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
SPVM 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.
When compared to the yearly performance of all other stocks, SPVM outperforms 67% of them, which is more or less in line with the market.
In the last month SPVM has a been trading in a tight range between 63.69 and 65.72.
Besides having an excellent technical rating, SPVM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 65.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
53.01
66.26
We found 4 important support areas.
- A support zone ranging from 60.16 to 60.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.97 from a horizontal line in the daily time frame.
- Support @57.45 from a horizontal line in the daily time frame.
- A support zone ranging from 53.55 to 53.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.76 to 65.60. 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 | UP | POSITIVE | The short term trend for SPVM is up. |
| ChartMill Relative Strength | 67.71 | 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) | UP | POSITIVE | The current price of SPVM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.16 | NEUTRAL | The RSI value for SPVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SPVM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.71 | OVERBOUGHT | The high Stochastics value suggests SPVM may be overbought. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for SPVM suggests low volalility. |
| Average Directional Index/ADX (14) | 34.8 | POSITIVE | The high ADX value value for SPVM suggests a strong 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 |
|---|---|---|---|
| 64.98 | 64.66 | 0.32 (0.49%) | 25.00% |
| An entry @64.98. This is a Buy Stop order right above the 10 day moving average. | An exit @64.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.32 points, which is 0.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPVM. 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.
64.7
-0.43 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.66%
1 Week0.15%
2 Weeks1.67%
1 Month3.69%
3 Month13.14%
6 Month15.01%
12 Month12.48%
2 Year38.22%
3 Year48.15%
5 Year87.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%0.77%
ATR Inc3.45%
Range Today0.3
ADR(20)0.37
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.71
Mansfield-0.09
10 Day High65.72
10 Day Low63.98
20 Day High65.72
20 Day Low63.69
52 Week High65.72
52 Week Low49.89
CS1 End64.97
CR1 Start65.6
Volume & EV
DER(3)1.67%
DER(5)1%
Volume5.42K
Volume Incr82.73%
Vol(5)5.16K
Vol(50)3.94K