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NUVEEN S&P 500 DYNAM OVERWR (SPXX) Stock Technical Analysis

NYSE:SPXX - New York Stock Exchange, Inc. - US6706EW1000 - Currency: USD

17.63  +0.07 (+0.4%)

Technical Rating and Analysis

7

Taking everything into account, SPXX scores 7 out of 10 in our technical rating. SPXX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Both the short term and long term trends are positive. This is a very positive sign.
SPXX 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 SPXX is lagging the market slightly.
When compared to the yearly performance of all other stocks, SPXX outperforms 62% of them, which is more or less in line with the market.
In the last month SPXX has a been trading in a tight range between 17.02 and 17.64.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NUVEEN S&P 500 DYNAM OVERWR / SPXX Weekly stock chart
NUVEEN S&P 500 DYNAM OVERWR / SPXX Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, SPXX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.40, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

15.12

18.59

4 important support areas can be observed.

  • A support zone ranging from 17.11 to 17.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.64 to 16.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 15.76 to 15.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 15.27 to 15.51. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @17.92 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 18.38 to 18.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SPXX is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SPXX is up.
ChartMill Relative Strength62.88NEUTRALSPXX is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SPXX is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SPXX is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SPXX is above the rising SMA(200).
Relative Strength Index/RSI (14)65.82NEUTRALThe RSI value for SPXX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests SPXX has a positive trend.
Stochastics (14,3)92.86OVERBOUGHTThe high Stochastics value suggests SPXX may be overbought.
Average True Range in percent/ATR (20)1.07LOW VOLATILITYThe low ATR as a percentage value for SPXX suggests low volalility.
Average Directional Index/ADX (14)16.17NEGATIVEThe low ADX value for SPXX suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
17.9317.100.83 (4.62%)21.62%
An entry @17.93. This is a Buy Stop order right above the resistance zone.An exit @17.10. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.83 points, which is 4.62%.When investing 21.62% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
NUVEEN S&P 500 DYNAM OVERWR / SPXX Daily stock chart

NUVEEN S&P 500 DYNAM OVERWR

NYSE:SPXX (6/12/2025, 6:40:00 PM)

17.63

+0.07 (+0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.4%
1 Week2.08%
2 Weeks1.91%
1 Month1.5%
3 Month4.51%
6 Month1.5%
12 Month10.19%
2 Year12.44%
3 Year12.58%
5 Year37.31%
10 Year28.87%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.07%
ATR Inc-58.17%
Range Today0.07
ADR(20)0.17
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.88
Mansfield-0.14
10 Day High17.64
10 Day Low17.11
20 Day High17.64
20 Day Low17.02
52 Week High18.52
52 Week Low14.33
CS1 End17.4
CR1 Start17.92
Volume & EV
DER(3)-0.63%
DER(5)-1.05%
Volume19.74K
Volume Incr-49.37%
Vol(5)29.67K
Vol(50)56.16K