NYSEARCA:SPYD - NYSE Arca - US78468R7888 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to SPYD. In the past year, SPYD was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
SPYD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 43.33, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
39.55
2 important support areas can be observed.
We can see 2 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for SPYD is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPYD is up. |
ChartMill Relative Strength | 44.33 | 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) | DOWN | NEGATIVE | The current price of SPYD is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.25 | NEUTRAL | The RSI value for SPYD is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SPYD has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 64.75 | NEUTRAL | The Stochastics value for SPYD is a neutral value. |
Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for SPYD suggests low volalility. |
Average Directional Index/ADX (14) | 10.02 | NEGATIVE | The low ADX value for SPYD suggests a weak or negative trend. |
43.37
+0.1 (+0.23%)