DEFIANCE S&P 500 TAR INC ETF (SPYT) Stock Technical Analysis
NYSEARCA:SPYT - NYSE Arca - US88636J5680 - ETF - Currency: USD
Taking everything into account, SPYT scores 2 out of 10 in our technical rating. SPYT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
69% of all other stocks performed better in the past year than SPYT.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SPYT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPYT is lagging the market slightly.
In the last month SPYT has a been trading in a tight range between 17.60 and 18.45.
The technical rating of SPYT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.26
20.52
When analyzing the support we notice one important area.
- Support @17.43 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.83 to 18.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.32 from a horizontal line in the weekly time frame.
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 SPYT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPYT is neutral. |
| ChartMill Relative Strength | 31.35 | NEUTRAL | SPYT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPYT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPYT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPYT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.43 | NEUTRAL | The RSI value for SPYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SPYT has a negative trend. |
| Stochastics (14,3) | 52.61 | NEUTRAL | The Stochastics value for SPYT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for SPYT suggests low volalility. |
| Average Directional Index/ADX (14) | 16.71 | NEGATIVE | The low ADX value for SPYT suggests a weak or negative trend. |
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)
17.66
-0.61 (-3.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.34%
1 Week-3.63%
2 Weeks-2.32%
1 Month-2.32%
3 Month3.46%
6 Month-9.39%
12 Month-7.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.79%
ATR Inc342.42%
Range Today0.25
ADR(20)0.11
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.35
Mansfield-1.17
10 Day High18.45
10 Day Low17.6
20 Day High18.45
20 Day Low17.6
52 Week High20.29
52 Week Low14.87
CS1 End17.43
CR1 Start17.83
Volume & EV
DER(3)-10.33%
DER(5)-9.63%
Volume178.00K
Volume Incr24%
Vol(5)100.14K
Vol(50)78.51K