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- 10/16/2026 -
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SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) Technical Analysis

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Summary:
Weekly :Broken trend support lineLane's Stochastic is oversoldPrice is near the Fibonacci 23.6% retracement level
Daily :Lane's Stochastic is overboughtA Parabolic SAR indicator is above and near the pricePrice is close to the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a second positive week after 8 consecutive negative weeks for the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB). During the week, the SPIB climbed 0.15 points, or 0.46%, and closed at 32.47 on Friday, October 16, 2026. It was the best weekly gain since June 12, 2026. Weekly volume was -8% below average.

Long-term trend: [See SPIB long-term trend chart]
A long-term downtrend had started on February 27, 2026 at 34.14 and reached 32.08 on October 1, 2026. SPIB lost 2.06 points, or 6.03%, in 30 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (32.92) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 long-term trend.

Medium-term trend: [See SPIB medium-term trend chart]
A medium-term downtrend had started on May 29, 2026 at 33.60 and reached 32.08 on October 1, 2026. SPIB lost 1.52 points, or 4.52%, in 17 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See SPIB weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help.

The weekly MACD line is below its signal line since November 7, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively 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 SPIB short-term trend chart]
A short-term uptrend had started on October 1, 2026 at 32.08 and reached 32.51 on October 16, 2026. SPIB gained -0.43 points, or -1.34%, in 15 days. The price is now at the 9.30% retracement level.

Daily Technical Indicators: [See SPIB daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.

The daily MACD line is above its signal line since October 7, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

A Parabolic SAR (stop and reversal) indicator (32.27) comes close to the price (32.47). 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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.09
Williams' Percentage Range (W%R) 43.70
Lane's Stochastic (%D-Slow) 84.33
Overbought
Greed/Fear Indicator (GFI) 69.56
Moving Average Converg./Diverg. (MACD) -0.14
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.11
Williams' Percentage Range (W%R) 76.40
Lane's Stochastic (%D-Slow) 14.22
Oversold
Greed/Fear Indicator (GFI) 26.16
Moving Average Converg./Diverg. (MACD) -0.22
Trading Signals
Description Value Chart
Quarterly Trendline Support 32.92
Quarterly Trendline Resistance 32.75
50 Day Moving Average 32.73
Upper Bollinger Band 32.70
Price 32.47
Daily Stochastic Crossing 32.45
20 Day Moving Average 32.37
Parabolic System 32.27
Weekly Stochastic Crossing 32.26
Lower Bollinger Band 32.15
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 32.14
Low Date 10/05/2026
High 32.51
High Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 32.08
Low Date 10/01/2026
High 32.51
High Date 10/16/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 33.60
High Date 05/29/2026
Low 32.08
Low Date 10/01/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Support
Resistance 32.75
Support 32.92
High 34.14
High Date 02/27/2026
Low 32.08
Low Date 10/01/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 30.69
Low Date 10/21/2022
High 34.14
High Date 02/27/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.