SPDR S&P 500 ETF TRUST (SPY)

US78462F1030 - ETF

505.65  +5.93 (+1.19%)

Premarket: 505.84 +0.19 (+0.04%)

Technical Rating and Analysis

5

Taking everything into account, SPY scores 5 out of 10 in our technical rating. In the last year, SPY was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month SPY has a been trading in the 493.86 - 524.61 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that SPY is one of the better performing stocks in the market, outperforming 75% of all stocks.
SPY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPY is performing more or less in line with the market.
SPY has an average volume of 72748000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
SPY Weekly chart
SPY Daily chart
Setup Rating and Analysis

5

SPY has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

431.16

528.41

2 important support areas can be observed.

  • A support zone ranging from 495.15 to 495.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @435.52 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 523.08 to 523.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.62
Mansfield0
10 Day High519.48
10 Day Low493.86
20 Day High524.61
20 Day Low493.86
52 Week High524.61
52 Week Low403.74
Performance
1 Week0.42%
2 Weeks-2.63%
1 Month-2.72%
3 Month3.74%
6 Month23.13%
12 Month21.57%
2 Year22.73%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-2
RSI(14)45.84
LBB492.47
UBB524.83
SPY Daily chart

SPDR S&P 500 ETF TRUST

NYSEARCA:SPY (4/23/2024, 7:26:29 PM)

Premarket: 505.84 +0.19 (+0.04%)

505.65

+5.93 (+1.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.19%
1 Week0.42%
2 Weeks-2.63%
1 Month-2.72%
3 Month3.74%
6 Month23.13%
12 Month21.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.13
ATR(20)%1.2%
ATR Inc
Range Today6.56
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High519.48
10 Day Low493.86
20 Day High524.61
20 Day Low493.86
52 Week High524.61
52 Week Low403.74
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume64.63M
Volume Incr5.72%
Vol(5)77.05M
Vol(50)72.75M