SPDR S&P 500 ETF TRUST (SPY) Stock Technical Analysis
USA - NYSEARCA:SPY - US78462F1030 - ETF
653.02 USD
-18.14 (-2.7%)
652.15 USD
-0.87 (-0.13%)
Overall SPY gets a technical rating of 6 out of 10. SPY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
A new 52 week high is currently being made by SPY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
SPY has an average volume of 72127700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SPY did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month SPY has a been trading in a tight range between 652.84 and 673.95.
SPY has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
490.21
679.85
We found 4 important support areas.
- A support zone ranging from 645.35 to 653.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @621.72 from a horizontal line in the daily time frame.
- Support @595.36 from a horizontal line in the daily time frame.
- Support @495.16 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 664.59 to 673.12. 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 SPY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPY is neutral. |
| ChartMill Relative Strength | 70.71 | POSITIVE | SPY has a high relative strength, it outperformed 70.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.82 | NEUTRAL | The RSI value for SPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests SPY has a negative trend. |
| Stochastics (14,3) | 62.04 | NEUTRAL | The Stochastics value for SPY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for SPY suggests low volalility. |
| Average Directional Index/ADX (14) | 28.04 | POSITIVE | The high ADX value value for SPY 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)
653.02
-18.14 (-2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.7%
1 Week-2.42%
2 Weeks-1.33%
1 Month-0.67%
3 Month4.71%
6 Month22.3%
12 Month12.67%
2 Year56.15%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.94
ATR(20)%0.86%
ATR Inc171.59%
Range Today21.11
ADR(20)5.32
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.71
Mansfield0
10 Day High673.95
10 Day Low652.84
20 Day High673.95
20 Day Low652.84
52 Week High673.95
52 Week Low481.8
CS1 End653.01
CR1 Start664.59
Volume & EV
DER(3)-0.74%
DER(5)-0.98%
Volume159.42M
Volume Incr12.78%
Vol(5)82.65M
Vol(50)72.13M