SPDR PORTFOLIO MORTGAGE BACK (SPMB) Stock Technical Analysis
NYSEARCA:SPMB - NYSE Arca - US78464A3831 - ETF - Currency: USD
Overall SPMB gets a technical rating of 5 out of 10. In the last year, SPMB was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SPMB has only a medium technical rating, but it does show 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 22.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPMB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
20.85
When analyzing the support we notice one important area.
- A support zone ranging from 21.06 to 21.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.07 to 22.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSEARCA:SPMB (4/30/2025, 6:40:00 PM)
22.04
+0.01 (+0.05%)