Overall SPYV gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SPYV is only an average performer.
SPYV has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.66
3 important support areas can be observed.
- A support zone ranging from 56.44 to 57.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.45 from a horizontal line in the daily time frame.
- A support zone ranging from 54.20 to 54.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 58.23 to 58.23. 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 SPYV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPYV is up. |
| ChartMill Relative Strength | 64.55 | NEUTRAL | SPYV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPYV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPYV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPYV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.52 | NEUTRAL | The RSI value for SPYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SPYV has a positive trend. |
| Stochastics (14,3) | 78.47 | NEUTRAL | The Stochastics value for SPYV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.76 | LOW VOLATILITY | The low ATR as a percentage value for SPYV suggests low volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for SPYV 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 |
|---|---|---|---|
| 58.24 | 56.63 | 1.61 (2.76%) | 25.00% |
| An entry @58.24. This is a Buy Stop order right above the resistance zone. | An exit @56.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.61 points, which is 2.76%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- 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.
58.22
+0.33 (+0.57%)
SS SPDR P S&P 500 VALUE ETF / SPYV FAQ
What is the technical rating for SPYV stock?
ChartMill assigns a technical rating of 7 / 10 to SPYV.
What is the current trend direction of SS SPDR P S&P 500 VALUE ETF (SPYV) stock?
The current trend direction for SS SPDR P S&P 500 VALUE ETF (SPYV) is Bullish.
What is the RSI signal for SS SPDR P S&P 500 VALUE ETF (SPYV) stock?
SS SPDR P S&P 500 VALUE ETF (SPYV) has an RSI value of 64.5167. This indicates that the stock is currently neutral.
What is the short term momentum for SPYV stock?
The short term momentum for SS SPDR P S&P 500 VALUE ETF (SPYV) is positive.
What are the support and resistance levels for SS SPDR P S&P 500 VALUE ETF (SPYV) stock?
SS SPDR P S&P 500 VALUE ETF (SPYV) has a support level at 57.45 and a resistance level at 58.23. Check the full technical report for our detailed analysis of SPYV support and resistance levels.