SPDR S&P 500 LDRS UC ETF-USD (500X.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:500X - IE00BH4GPZ28 - ETF
We assign a technical rating of 7 out of 10 to 500X. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, 500X is only an average performer.
500X has an excellent technical rating and 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 42.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.01, 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
33.02
5 important support areas can be observed.
- A support zone ranging from 41.36 to 42.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.63 from a horizontal line in the daily time frame.
- Support @37.60 from a horizontal line in the daily time frame.
- Support @34.98 from a trend line in the weekly time frame.
- Support @33.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.38 to 42.53. 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 500X.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 500X.MI is up. |
| ChartMill Relative Strength | 48.52 | NEUTRAL | 500X.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 500X.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for 500X.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests 500X.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.67 | OVERBOUGHT | The high Stochastics value suggests 500X.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for 500X.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 10.68 | NEGATIVE | The low ADX value for 500X.MI 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 |
|---|---|---|---|
| 42.54 | 41.39 | 1.15 (2.70%) | 25.00% |
| An entry @42.54. This is a Buy Stop order right above the resistance zone. | An exit @41.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.15 points, which is 2.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
BIT:500X (12/23/2025, 7:00:00 PM)
42.255
+0.1 (+0.23%)
SPDR S&P 500 LDRS UC ETF-USD / 500X.MI FAQ
What is the technical rating for 500X stock?
ChartMill assigns a technical rating of 7 / 10 to 500X.MI.
Can you provide the trend direction for SPDR S&P 500 LDRS UC ETF-USD?
The current trend direction for SPDR S&P 500 LDRS UC ETF-USD (500X.MI) is Bullish.
Can you provide the RSI signal for SPDR S&P 500 LDRS UC ETF-USD?
SPDR S&P 500 LDRS UC ETF-USD (500X.MI) has an RSI value of 58.0425. This indicates that the stock is currently neutral.
What is the short term momentum for 500X stock?
The short term momentum for SPDR S&P 500 LDRS UC ETF-USD (500X.MI) is positive.
What are the support and resistance levels for SPDR S&P 500 LDRS UC ETF-USD (500X.MI) stock?
SPDR S&P 500 LDRS UC ETF-USD (500X.MI) has a support level at 42.01 and a resistance level at 42.38. Check the full technical report for our detailed analysis of 500X.MI support and resistance levels.