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Downtrend Broken Resist.Archive - 4/25/2025 - 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 a first positive week for the S&P 500 (^GSPC). During the week, the ^GSPC gained 242.51 points, or 4.59%, and closed at 5525.21 on Friday, April 25, 2025. Weekly volume was 13% above 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 6147.43 on February 19, 2025. ^GSPC gained -2655.85 points, or -76.06%, in 122 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 4978.69 and resistance is at 6328.19. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See ^GSPC medium-term trend chart] A medium-term downtrend had started on February 19, 2025 at 6147.43 and reached 4835.04 on April 7, 2025. ^GSPC lost 1312.39 points, or 21.35%, in 6 weeks. The price is now at the 52.59% retracement level.
Weekly Technical Indicators: [See ^GSPC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 21, 2025 at 5101.63 and reached 5528.11 on April 25, 2025. ^GSPC gained -426.48 points, or -8.36%, in 4 days. Price is near the trend high.
Daily Technical Indicators: [See ^GSPC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is 117.04% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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