NEOS S&P 500 HDG EQ INC ETF (SPYH) Stock Technical Analysis
NYSEARCA:SPYH - NYSE Arca - US78433H5688 - ETF - Currency: USD
Overall SPYH gets a technical rating of 6 out of 10. SPYH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, SPYH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 53.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.15, a Stop Loss order could be placed below this zone.
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49.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 52.93 to 53.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 51.44 to 52.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.28 to 53.30. 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 SPYH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPYH is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SPYH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPYH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPYH is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.49 | NEUTRAL | The RSI value for SPYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SPYH has a negative trend. |
| Stochastics (14,3) | 76.61 | NEUTRAL | The Stochastics value for SPYH is a neutral value. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for SPYH suggests low volalility. |
| Average Directional Index/ADX (14) | 31.1 | POSITIVE | The high ADX value value for SPYH suggests a strong 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 |
|---|---|---|---|
| 53.31 | 52.92 | 0.39 (0.73%) | 25.00% |
| An entry @53.31. This is a Buy Stop order right above the resistance zone. | An exit @52.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.39 points, which is 0.73%. | For a 0.18% 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.
NYSEARCA:SPYH (7/29/2025, 8:21:18 PM)
53.2402
-0.05 (-0.09%)