We assign a technical rating of 8 out of 10 to SPYD. Although SPYD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- SPYD is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
- SPYD has an average volume of 1820070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, SPYD turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- In the last month SPYD has a been trading in a tight range between 43.40 and 45.45.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SPYD also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.09, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
39.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 43.59 to 45.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.65 to 42.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.95 to 40.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.29 to 45.29. 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 SPYD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPYD is up. |
| ChartMill Relative Strength | 53.15 | NEUTRAL | SPYD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPYD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPYD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPYD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.89 | NEUTRAL | The RSI value for SPYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SPYD has a positive trend. |
| Stochastics (14,3) | 78.32 | NEUTRAL | The Stochastics value for SPYD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for SPYD suggests low volalility. |
| Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for SPYD 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 |
|---|---|---|---|
| 45.30 | 44.36 | 0.94 (2.09%) | 25.00% |
| An entry @45.30. This is a Buy Stop order right above the resistance zone. | An exit @44.36. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.94 points, which is 2.09%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
45.25
-0.03 (-0.07%)
SS SPDR P S&P 500 HI DIV ETF / SPYD FAQ
What is the technical rating for SPYD stock?
ChartMill assigns a technical rating of 8 / 10 to SPYD.
Can you provide the trend direction for SS SPDR P S&P 500 HI DIV ETF?
The current trend direction for SS SPDR P S&P 500 HI DIV ETF (SPYD) is Bullish.
What is the RSI signal for SS SPDR P S&P 500 HI DIV ETF (SPYD) stock?
SS SPDR P S&P 500 HI DIV ETF (SPYD) has an RSI value of 61.8939. This indicates that the stock is currently neutral.
What is the MACD signal for SS SPDR P S&P 500 HI DIV ETF (SPYD) stock?
The MACD indicator for SS SPDR P S&P 500 HI DIV ETF (SPYD) has a value of 0.0104745, indicating a bearish trend.
Can you provide the short term momentum for SS SPDR P S&P 500 HI DIV ETF?
The short term momentum for SS SPDR P S&P 500 HI DIV ETF (SPYD) is positive.