NYSE:SPXX - New York Stock Exchange, Inc. - US6706EW1000 - Currency: USD
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.
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.
15.12
4 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 SPXX is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPXX is up. |
ChartMill Relative Strength | 62.88 | NEUTRAL | SPXX is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPXX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPXX is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPXX is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.82 | NEUTRAL | The RSI value for SPXX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SPXX has a positive trend. |
Stochastics (14,3) | 92.86 | OVERBOUGHT | The high Stochastics value suggests SPXX may be overbought. |
Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for SPXX suggests low volalility. |
Average Directional Index/ADX (14) | 16.17 | NEGATIVE | The low ADX value for SPXX suggests a weak or negative trend. |
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 |
---|---|---|---|
17.93 | 17.10 | 0.83 (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%. |
NYSE:SPXX (6/12/2025, 6:40:00 PM)
17.63
+0.07 (+0.4%)