NEOS S&P 500 HIGH INCOME ETF (SPYI) Stock Technical Analysis
USA - NYSEARCA:SPYI - US78433H3030 - ETF
Taking everything into account, SPYI scores 6 out of 10 in our technical rating. Although SPYI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, SPYI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 51.98, a Stop Loss order could be placed below this zone.
More info and screens
50.28
We found 1 important support area.
- A support zone ranging from 50.79 to 51.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 52.39 to 53.03. 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 SPYI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPYI is neutral. |
| ChartMill Relative Strength | 47.17 | NEUTRAL | SPYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPYI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPYI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.06 | NEUTRAL | The RSI value for SPYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SPYI has a negative trend. |
| Stochastics (14,3) | 65.03 | NEUTRAL | The Stochastics value for SPYI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for SPYI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.66 | NEGATIVE | The low ADX value for SPYI suggests a weak or negative trend. |
52.29
+0.01 (+0.02%)
NEOS S&P 500 HIGH INCOME ETF / SPYI FAQ
What is the technical rating for SPYI stock?
ChartMill assigns a technical rating of 6 / 10 to SPYI.
Can you provide the trend direction for NEOS S&P 500 HIGH INCOME ETF?
The current trend direction for NEOS S&P 500 HIGH INCOME ETF (SPYI) is Bullish.
What is the RSI signal for NEOS S&P 500 HIGH INCOME ETF (SPYI) stock?
NEOS S&P 500 HIGH INCOME ETF (SPYI) has an RSI value of 47.0575. This indicates that the stock is currently neutral.
What are the support and resistance levels for NEOS S&P 500 HIGH INCOME ETF (SPYI) stock?
NEOS S&P 500 HIGH INCOME ETF (SPYI) has a support level at 51.98 and a resistance level at 52.39. Check the full technical report for our detailed analysis of SPYI support and resistance levels.