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Uptrend ExhaustionArchive - 5/15/2026 - 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 a seventh positive week after 5 consecutive negative weeks for the S&P 500 (^GSPC). During the week, the ^GSPC climbed 9.57 points, or 0.13%, and closed at 7408.50 on Friday, May 15, 2026. Weekly volume was 26% 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 7517.12 on May 14, 2026. ^GSPC gained -4025.54 points, or -115.29%, in 187 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (7307.66). 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 7517.12 on May 14, 2026. ^GSPC gained -1200.21 points, or -19.00%, in 6 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (7522.12) 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 ^GSPC weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since April 24, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See ^GSPC short-term trend chart] A short-term downtrend had started on May 14, 2026 at 7517.12 and reached 7397.50 on May 15, 2026. ^GSPC lost 119.62 points, or 1.59%, in 1 days. The price is now at the 9.20% retracement level.
Daily Technical Indicators: [See ^GSPC daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since April 1, 2026. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (7390.1) comes close to the price (7408.50). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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