NYSEARCA:SPYD - US78468R7888 - ETF
Overall SPYD gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SPYD is only an average performer.
Although SPYD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
39.55
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 important areas.
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 SPYD is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPYD is up. |
ChartMill Relative Strength | 47.33 | NEUTRAL | SPYD is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPYD is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPYD is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPYD is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 67.96 | NEUTRAL | The RSI value for SPYD is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SPYD has a positive trend. |
Stochastics (14,3) | 85.61 | OVERBOUGHT | The high Stochastics value suggests SPYD may be overbought. |
Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for SPYD suggests low volalility. |
Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for SPYD suggests a weak or negative trend. |
45.05
+0.97 (+2.2%)