Taking everything into account, SYV scores 8 out of 10 in our technical rating. Although SYV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: SYV has an average volume of 2863 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- SYV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SYV has a been trading in the 74.44 - 79.21 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SYV outperforms 62% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
SYV 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
58.49
We found 7 important support areas.
- A support zone ranging from 76.60 to 77.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 74.02 to 74.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.47 to 70.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.89 from a trend line in the weekly time frame.
- Support @62.73 from a trend line in the weekly time frame.
- Support @60.62 from a horizontal line in the daily time frame.
- Support @59.08 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SYV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SYV is up. |
| ChartMill Relative Strength | 62.1 | NEUTRAL | SYV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SYV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SYV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SYV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.51 | NEUTRAL | The RSI value for SYV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests SYV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.93 | OVERBOUGHT | The high Stochastics value suggests SYV may be overbought. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for SYV suggests low volalility. |
NYSEARCA:SYV (3/17/2021, 8:04:00 PM)
78.5226
-0.26 (-0.33%)
MFS Value Equity ETF SPDR / SYV FAQ
Can you provide the ChartMill technical rating for MFS Value Equity ETF SPDR?
ChartMill assigns a technical rating of 8 / 10 to SYV.
What is the current trend direction of MFS Value Equity ETF SPDR (SYV) stock?
The current trend direction for MFS Value Equity ETF SPDR (SYV) is Bullish.
Can you provide the RSI signal for MFS Value Equity ETF SPDR?
MFS Value Equity ETF SPDR (SYV) has an RSI value of 65.5129. This indicates that the stock is currently neutral.
What is the MACD signal for SYV stock?
The MACD indicator for MFS Value Equity ETF SPDR (SYV) has a value of 0.14675, indicating a bearish trend.
What is the buy/sell signal for MFS Value Equity ETF SPDR (SYV) stock?
The buy/sell signal for MFS Value Equity ETF SPDR (SYV) is buy as both the short term and long term trends are positive.