SS SPDR P S&P 500 VALUE ETF (SPYV) Technical Analysis
NYSEARCA:SPYV • US78464A5083
Current stock price
SPYV Technical Rating and Analysis
Taking everything into account, SPYV scores 1 out of 10 in our technical rating. SPYV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- SPYV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPYV is performing more or less in line with the market.
- SPYV has an average volume of 4061750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, SPYV turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- In the last month SPYV has a been trading in the 55.44 - 58.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPYV Weekly and Daily overview Charts
SPYV Setup Rating and Analysis
Although the technical rating is bad, SPYV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 56.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.19, a Stop Loss order could be placed below this zone.
More info and screens
SPYV Support and Resistance Analysis
53.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 55.45 to 56.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.89 to 54.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 56.65 to 58.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.45 to 59.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPYV Technical Indicator Signal Analysis
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 SPYV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPYV is down. |
| ChartMill Relative Strength | 59.77 | NEUTRAL | SPYV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPYV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPYV is below a declining 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) | 45.14 | NEUTRAL | The RSI value for SPYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SPYV has a positive trend. |
| Stochastics (14,3) | 38.12 | NEUTRAL | The Stochastics value for SPYV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for SPYV suggests low volalility. |
| Average Directional Index/ADX (14) | 42.29 | POSITIVE | The high ADX value value for SPYV suggests a strong trend. |
SPYV Chart- and CandleStick Pattern Analysis
SPYV Technicals: Chart, Performance Metrics, Trend & Indicators
56.65
+0.07 (+0.12%)
SS SPDR P S&P 500 VALUE ETF / SPYV TA FAQ
What is the technical rating for SPYV stock?
ChartMill assigns a technical rating of 1 / 10 to SPYV.
What is the trend direction for SPYV stock?
The current trend direction for SS SPDR P S&P 500 VALUE ETF (SPYV) is Bearish.
Can you provide the RSI signal for SS SPDR P S&P 500 VALUE ETF?
SS SPDR P S&P 500 VALUE ETF (SPYV) has an RSI value of 45.1356. This indicates that the stock is currently neutral.
What is the MACD signal for SS SPDR P S&P 500 VALUE ETF (SPYV) stock?
The MACD indicator for SS SPDR P S&P 500 VALUE ETF (SPYV) has a value of 0.0192205, indicating a bearish trend.