Overall SPYV gets a technical rating of 5 out of 10. In the last year, SPYV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, SPYV does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 56.87, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
53.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 55.45 to 56.87. 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 54.46. 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 57.03 to 57.50. 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 SPYV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPYV is neutral. |
| ChartMill Relative Strength | 65.19 | 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) | 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) | 52.51 | NEUTRAL | The RSI value for SPYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SPYV has a negative trend. |
| Stochastics (14,3) | 39.21 | NEUTRAL | The Stochastics value for SPYV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for SPYV suggests low volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for SPYV suggests a weak or negative trend. |
56.96
+0.15 (+0.26%)
SS SPDR P S&P 500 VALUE ETF / SPYV FAQ
What is the technical rating for SPYV stock?
ChartMill assigns a technical rating of 5 / 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 52.5054. 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 neutral.
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 56.87 and a resistance level at 57.03. Check the full technical report for our detailed analysis of SPYV support and resistance levels.