AM S&P 500 II-ETF EUR DIST (SPX.MI) Stock Technical Analysis
BIT:SPX - Euronext Milan - LU0496786574 - ETF - Currency: EUR
We assign a technical rating of 7 out of 10 to SPX. SPX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: SPX has an average volume of 11361 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
SPX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPX is lagging the market slightly.
In the last month SPX has a been trading in the 53.88 - 57.21 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SPX turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
Considerably lower volume is observed in the last couple of days.
Although SPX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
47.52
60.94
We found 4 important support areas.
- A support zone ranging from 54.25 to 56.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.00 to 53.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.09 from a trend line in the weekly time frame.
- Support @48.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 60.18 to 60.34. This zone is formed by a combination of multiple trend lines 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 SPX.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPX.MI is up. |
| ChartMill Relative Strength | 62.21 | NEUTRAL | SPX.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPX.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPX.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPX.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.77 | OVERBOUGHT | The high RSI value suggests SPX.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SPX.MI has a positive trend. |
| Stochastics (14,3) | 95.32 | OVERBOUGHT | The high Stochastics value suggests SPX.MI may be overbought. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for SPX.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.16 | NEUTRAL | The ADX value for SPX.MI 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)
BIT:SPX (7/29/2025, 7:00:00 PM)
56.92
+0.28 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.49%
1 Week2.25%
2 Weeks2.8%
1 Month5.23%
3 Month10.83%
6 Month-5.4%
12 Month13.52%
2 Year33.44%
3 Year43.43%
5 Year98.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%0.8%
ATR Inc25.8%
Range Today0.29
ADR(20)0.29
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.21
Mansfield-0.51
10 Day High57.21
10 Day Low54.67
20 Day High57.21
20 Day Low53.88
52 Week High60.33
52 Week Low44.89
CS1 End56.89
CR1 Start60.18
Volume & EV
DER(3)0%
DER(5)0%
Volume8.72K
Volume Incr-34.23%
Vol(5)6.67K
Vol(50)11.36K