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Archive - 6/20/2025 - Sign In to see current Signals. |
SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was a second consecutive positive week for the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB). During the week, the SPIB climbed 0.10 points, or 0.30%, and closed at 33.29 on Friday, June 20, 2025. Weekly volume was -40% below average.
Long-term trend: [See SPIB long-term trend chart] A long-term uptrend had started on October 21, 2022 at 30.69 and reached 33.86 on September 23, 2024. SPIB gained -3.17 points, or -10.33%, in 100 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 31.22 and resistance is at 34.29. 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 SPIB medium-term trend chart] A medium-term downtrend had started on September 23, 2024 at 33.86 and reached 32.38 on April 11, 2025. SPIB lost 1.48 points, or 4.37%, in 28 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (32.30) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. SPIB may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See SPIB 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 above its signal line since May 23, 2025. 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 SPIB short-term trend chart] A short-term uptrend had started on June 6, 2025 at 33.03 and reached 33.32 on June 18, 2025. SPIB gained -0.29 points, or -0.88%, in 12 days. The price is now at the 10.34% retracement level.
Daily Technical Indicators: [See SPIB daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Daily MACD has bearish 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 bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since June 16, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. A Parabolic SAR (stop and reversal) indicator (33.15) comes close to the price (33.29). 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. The price touches the upper Bollinger Band. 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. Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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