NUVEEN S&P 500 DYNAM OVERWR (SPXX) Stock Technical Analysis
NYSE:SPXX - New York Stock Exchange, Inc. - US6706EW1000 - Currency: USD
We assign a technical rating of 10 out of 10 to SPXX. Both in the recent history as in the last year, SPXX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SPXX did better than 76% of all other stocks. We also observe that the gains produced by SPXX over the past year are nicely spread over this period.
SPXX 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 SPXX has a been trading in a tight range between 17.76 and 18.49.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SPXX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.41. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SPXX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.70
18.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.68 to 17.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.00 to 17.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.61 to 16.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.26 to 18.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.95
Mansfield0.17
10 Day High18.49
10 Day Low18.04
20 Day High18.49
20 Day Low17.76
52 Week High18.49
52 Week Low14.91
Performance
1 Week1.04%
2 Weeks1.71%
1 Month2.28%
3 Month6.17%
6 Month11.31%
12 Month18.56%
2 Year16.6%
3 Year7.92%
5 Year27.27%
10 Year27.34%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)67.97
LBB17.88
UBB18.5
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 |
|---|---|---|---|
| 18.43 | 18.03 | 0.40 (2.17%) | 25.00% |
| An entry @18.43. This is a Buy Stop order right above the resistance zone. | An exit @18.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.40 points, which is 2.17%. | For a 0.54% 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.
NYSE:SPXX (2/21/2025, 1:55:16 PM)
18.255
-0.14 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week1.04%
2 Weeks1.71%
1 Month2.28%
3 Month6.17%
6 Month11.31%
12 Month18.56%
2 Year16.6%
3 Year7.92%
5 Year27.27%
10 Year27.34%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.86%
ATR Inc-40.08%
Range Today0.27
ADR(20)0.14
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.95
Mansfield0.17
10 Day High18.49
10 Day Low18.04
20 Day High18.49
20 Day Low17.76
52 Week High18.49
52 Week Low14.91
CS1 End17.81
CR1 Start18.41
Volume & EV
DER(3)3.24%
DER(5)1.93%
Volume65.09K
Volume Incr22.4%
Vol(5)68.00K
Vol(50)47.11K