|
|
|
|
Select Sector SPDR ETFs Technical Analysis - SPYArchive
- 1/10/2025 -
Sign In to see current Signals. |
SPDRs (SPY) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the SPDRs (SPY). During the week, the SPY dropped -11.50 points, or -1.94%, and closed at 580.50 on Friday, January 10, 2025. SPY was trading at average weekly trading volume.
 Long-term trend: [See SPY long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 409.21 and reached 609.07 on December 6, 2024. SPY gained -199.86 points, or -48.84%, in 58 weeks. The price is now at the 14.30% retracement level.
 Medium-term trend: [See SPY medium-term trend chart]
A medium-term uptrend had started on August 5, 2024 at 510.27 and reached 609.07 on December 6, 2024. SPY gained -98.80 points, or -19.36%, in 17 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (609.31) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See SPY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 27, 2024. Use the following link to access a MACD help.
 Short-term trend: [See SPY short-term trend chart]
A short-term downtrend had started on December 6, 2024 at 609.07 and reached 578.60 on January 10, 2025. SPY lost 30.47 points, or 5.00%, in 35 days. The price is now at the 6.24% retracement level.
Daily Technical Indicators: [See SPY daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals.
The daily MACD line is below its signal line since December 11, 2024. This is an indication that the short-term trend is down.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
|
|
| Industry |
|
|
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
609.07 |
| High Date |
12/06/2024 |
| Low |
578.60 |
| Low Date |
01/10/2025 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
623.64 |
| Support |
609.31 |
| Low |
510.27 |
| Low Date |
08/05/2024 |
| High |
609.07 |
| High Date |
12/06/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
409.21 |
| Low Date |
10/27/2023 |
| High |
609.07 |
| High Date |
12/06/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
348.12 |
| Low Date |
10/13/2022 |
| High |
609.07 |
| High Date |
12/06/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
67.10 |
| Low Date |
03/06/2009 |
| High |
609.07 |
| High Date |
12/06/2024 |
|
|