Logo image of SYE

MFS Core Equity ETF SPDR (SYE) Stock Technical Analysis

NYSEARCA:SYE - NYSE Arca -

104.257  +0.01 (+0.01%)

Technical Rating and Analysis

8

Taking everything into account, SYE scores 8 out of 10 in our technical rating. Although SYE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: SYE has an average volume of 3303 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
SYE is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When compared to the yearly performance of all other stocks, SYE outperforms 57% of them, which is more or less in line with the market.
In the last month SYE has a been trading in a tight range between 98.82 and 104.63.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MFS Core Equity ETF SPDR / SYE Weekly stock chart
MFS Core Equity ETF SPDR / SYE Daily stock chart
Setup Rating and Analysis

5

SYE has an excellent technical rating, but the quality of the setup is only medium 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

88.05

105.39

We found 3 important support areas.

  • A support zone ranging from 98.36 to 102.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @95.75 from a horizontal line in the daily time frame.
  • Support @88.94 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 104.27 to 104.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS57.86
Mansfield-0.04
10 Day High104.63
10 Day Low98.82
20 Day High104.63
20 Day Low98.82
52 Week High104.63
52 Week Low58.64
Performance
1 Week1.66%
2 Weeks4.05%
1 Month0.83%
3 Month8.78%
6 Month20.91%
12 Month69.22%
2 YearN/A
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)0.25
RSI(14)60.87
LBB98.86
UBB105.48
MFS Core Equity ETF SPDR / SYE Daily stock chart

MFS Core Equity ETF SPDR

NYSEARCA:SYE (3/17/2021, 8:04:00 PM)

104.257

+0.01 (+0.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.01%
1 Week1.66%
2 Weeks4.05%
1 Month0.83%
3 Month8.78%
6 Month20.91%
12 Month69.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%1.19%
ATR Inc-37.55%
Range Today1.23
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.86
Mansfield-0.04
10 Day High104.63
10 Day Low98.82
20 Day High104.63
20 Day Low98.82
52 Week High104.63
52 Week Low58.64
CS1 End102.53
CR1 Start104.27
Volume & EV
DER(3)0.02%
DER(5)0.01%
Volume2.70K
Volume Incr-0.91%
Vol(5)5.60K
Vol(50)3.30K