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Archive - 8/28/2026 - Sign In to see current Signals. |
SPDRs (SPY) 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 SPDRs (SPY). During the week, the SPY climbed 3.63 points, or 0.47%, and closed at 769.35 on Friday, August 28, 2026. Weekly volume was -55% below average.
Long-term trend: [See SPY long-term trend chart] A long-term uptrend had started on October 13, 2022 at 348.12 and reached 779.37 on August 13, 2026. SPY gained -431.25 points, or -123.88%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (755.85). 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 SPY medium-term trend chart] A medium-term uptrend had started on March 30, 2026 at 629.28 and reached 779.37 on August 13, 2026. SPY gained -150.09 points, or -23.85%, in 19 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (779.55) 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 SPY weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 July 31, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See SPY short-term trend chart] A short-term downtrend had started on August 13, 2026 at 779.37 and reached 762.04 on August 20, 2026. SPY lost 17.33 points, or 2.22%, in 7 days. The price is now at the 42.18% retracement level.
Daily Technical Indicators: [See SPY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since August 19, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger. A Parabolic SAR (stop and reversal) indicator (776.51) comes close to the price (769.35). 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 distance between the Bollinger Bands (2.43%) is close to one year low (2.42%). It is 51.77% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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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