SPDR S&P 500 ETF TRUST (SPY)

US78462F1030 - ETF

527.92  +4.62 (+0.88%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to SPY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPY is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SPY is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by SPY over the past year are nicely spread over this period.
SPY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SPY has a been trading in the 493.86 - 523.83 range, which is quite wide. It is currently trading near the high of this range.
SPY has an average volume of 69752400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SPY Weekly chart
SPY Daily chart
Setup Rating and Analysis

3

Although SPY has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

434.00

533.20

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 507.23 to 523.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 495.15 to 495.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @482.88 from a horizontal line in the daily time frame.
  • Support @438.38 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.51
Mansfield0
10 Day High523.83
10 Day Low499.55
20 Day High523.83
20 Day Low493.86
52 Week High524.61
52 Week Low409.21
Performance
1 Week1.19%
2 Weeks4.25%
1 Month3.93%
3 Month4.76%
6 Month16.09%
12 Month25.01%
2 Year26.73%
3 YearN/A
5 YearN/A
10 YearN/A
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)2.04
RSI(14)64.6
LBB497.53
UBB527.7
SPY Daily chart

SPDR S&P 500 ETF TRUST

NYSEARCA:SPY (5/15/2024, 10:14:10 AM)

527.92

+4.62 (+0.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.88%
1 Week1.19%
2 Weeks4.25%
1 Month3.93%
3 Month4.76%
6 Month16.09%
12 Month25.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.06
ATR(20)%1.03%
ATR Inc
Range Today2.78
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High523.83
10 Day Low499.55
20 Day High523.83
20 Day Low493.86
52 Week High524.61
52 Week Low409.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.44M
Volume Incr-34.82%
Vol(5)46.44M
Vol(50)69.75M