SPDR S&P 500 ETF TRUST (SPY)
US78462F1030 - ETF
Overall SPY gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SPY 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, SPY did better than 71% of all other stocks. We also observe that the gains produced by SPY over the past year are nicely spread over this period.
SPY 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.
SPY has an average volume of 46140400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SPY has a been trading in a tight range between 567.89 and 600.17.
SPY has an excellent technical rating and 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 598.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 593.01, a Stop Loss order could be placed below this zone.
More info and screens
448.18
604.76
4 important support areas can be observed.
- A support zone ranging from 564.86 to 593.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 532.89 to 541.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 517.37 to 522.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @452.71 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 598.20 to 598.77. This zone is formed by a combination of multiple trend lines 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
CRS71.93
Mansfield0
10 Day High600.17
10 Day Low583.86
20 Day High600.17
20 Day Low567.89
52 Week High600.17
52 Week Low453.34
Performance
1 Week1.67%
2 Weeks-0.45%
1 Month2.84%
3 Month5.94%
6 Month12.48%
12 Month30.8%
2 Year46.07%
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)-0.15
RSI(14)61.57
LBB580.82
UBB603.7
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 |
|---|---|---|---|
| 598.78 | 583.85 | 14.93 (2.49%) | 25.00% |
| An entry @598.78. This is a Buy Stop order right above the resistance zone. | An exit @583.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.93 points, which is 2.49%. | For a 0.62% 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.
SPDR S&P 500 ETF TRUST
NYSEARCA:SPY (11/22/2024, 8:06:09 PM)
Premarket: 598.34 +2.83 (+0.48%)595.51
+1.84 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.31%
1 Week1.67%
2 Weeks-0.45%
1 Month2.84%
3 Month5.94%
6 Month12.48%
12 Month30.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.2
ATR(20)%1.02%
ATR Inc
Range Today3
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 High600.17
10 Day Low583.86
20 Day High600.17
20 Day Low567.89
52 Week High600.17
52 Week Low453.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.23M
Volume Incr-2.09%
Vol(5)44.30M
Vol(50)46.14M