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Downtrend Broken Resist.Archive - 10/2/2026 - Sign In to see current Signals. |
S&P 500 (^GSPC) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the S&P 500 (^GSPC). During the week, the ^GSPC gave back -20.69 points, or -0.27%, and closed at 7722.72 on Friday, October 2, 2026. Weekly volume was -9% below average.
Long-term trend: [See ^GSPC long-term trend chart] A long-term uptrend had started on October 13, 2022 at 3491.58 and reached 7816.70 on August 13, 2026. ^GSPC gained -4325.12 points, or -123.87%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (7674.93). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See ^GSPC medium-term trend chart] A medium-term uptrend had started on March 30, 2026 at 6316.91 and reached 7816.70 on August 13, 2026. ^GSPC gained -1499.79 points, or -23.74%, in 19 weeks. The price is now at the 6.27% retracement level.
Weekly Technical Indicators: [See ^GSPC weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since September 4, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See ^GSPC short-term trend chart] A short-term uptrend had started on September 16, 2026 at 7507.77 and reached 7782.19 on September 22, 2026. ^GSPC gained -274.42 points, or -3.66%, in 6 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ^GSPC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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