SPDR PORT S&P 500 VALUE (SPYV) Stock Technical Analysis
USA - NYSEARCA:SPYV - US78464A5083 - ETF
Overall SPYV gets a technical rating of 7 out of 10. Although SPYV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, SPYV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 56.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.50, a Stop Loss order could be placed below this zone.
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51.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.76 to 55.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.11 to 52.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.26 to 56.26. 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 | 55.81 | 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) | 62.39 | 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) | 86.92 | OVERBOUGHT | The high Stochastics value suggests SPYV may be overbought. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for SPYV suggests low volalility. |
| Average Directional Index/ADX (14) | 19.19 | 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 |
|---|---|---|---|
| 56.27 | 54.34 | 1.93 (3.43%) | 25.00% |
| An entry @56.27. This is a Buy Stop order right above the resistance zone. | An exit @54.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.93 points, which is 3.43%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
56.25
+0.31 (+0.55%)
SPDR PORT S&P 500 VALUE / SPYV FAQ
What is the technical rating for SPYV stock?
ChartMill assigns a technical rating of 7 / 10 to SPYV.
Can you provide the trend direction for SPDR PORT S&P 500 VALUE?
The current trend direction for SPDR PORT S&P 500 VALUE (SPYV) is Bullish.
What is the RSI signal for SPDR PORT S&P 500 VALUE (SPYV) stock?
SPDR PORT S&P 500 VALUE (SPYV) has an RSI value of 62.3922. This indicates that the stock is currently neutral.
What is the MACD signal for SPYV stock?
The MACD indicator for SPDR PORT S&P 500 VALUE (SPYV) has a value of 0.0608115, indicating a bearish trend.
Can you provide the support and resistance levels for SPDR PORT S&P 500 VALUE?
SPDR PORT S&P 500 VALUE (SPYV) has a support level at 55.5 and a resistance level at 56.26. Check the full technical report for our detailed analysis of SPYV support and resistance levels.