US stock / ETF

State Street SPDR S&P 500 ETF Trust

SPY · NYSE Arca · USD

1 weekBullish81%
Weekly Upside probability 81%Bullish

SPY 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $629.28 and reclaim $781.62.

Invalidation Trigger

Lose $629.28 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 55.8, MACD -2.769

Weekly
Volatility EnvironmentRange
Low volatility

ATR is $15.57 (2.05%)

Weekly

EMA Structure

Bullish
EMA 8$765.78Bearish
EMA 21$754.44Bullish
EMA 50$721.22Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.8 · MACD -2.769

Momentum is strong

Strength
Range
Volatility
ATR $15.57 · BB 7.31%

Low volatility

Strength
Range
Volume
MFI 42.9 · OBV 2.59%

Relative to 20-period average volume

Strength
Range
Price Levels
$629.28 - $781.62

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.85% · 2.4 ATR above latest close

$797.19
Nearest resistance

+2.8% · 1.4 ATR above · 34-bar high

$781.62
Current price

Price shown is delayed

$760.33
Nearest support

-17.24% · 8.4 ATR below · 34-bar low

$629.28
Deeper support zone

-19.28% · 9.4 ATR below latest close

$613.71
ATR zone

Latest close ± ATR14

$744.76 - $775.9

Indicators

Trend

Dow Theory Structure

Confirmation $781.62, invalidation $749.6

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

9.9 / 23.4 / 21.8Bullish
Supertrend (10,3)

Price is above Supertrend

$723.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$755.3 / $425.31Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Volatility

ATR (14)

Low volatility

$15.57 (2.05%)Range
Bollinger Bands (20,2)

Width 7.31%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$784.25 / $726.87Range
ATR channel lower / upper

Current Volatility Envelope

$744.76 / $775.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$781.62Range
Support

Nearest Downside Decision Level

$629.28Range

Momentum

RSI (14)

Momentum is strong

55.8Bullish
MACD (12,26,9)

Histogram is negative

-2.769Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.5 / 72.9Bearish
Williams %R (14)

Neutral zone

-40.5Range
CCI (20)

Balanced zone

37.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

2.59%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $781.62, invalidation $749.6

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

9.9 / 23.4 / 21.8Bullish
Supertrend (10,3)

Price is above Supertrend

$723.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$755.3 / $425.31Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Momentum

RSI (14)

Momentum is strong

55.8Bullish
MACD (12,26,9)

Histogram is negative

-2.769Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.5 / 72.9Bearish
Williams %R (14)

Neutral zone

-40.5Range
CCI (20)

Balanced zone

37.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$15.57 (2.05%)Range
Bollinger Bands (20,2)

Width 7.31%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$784.25 / $726.87Range
ATR channel lower / upper

Current Volatility Envelope

$744.76 / $775.9Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

2.59%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$781.62Range
Support

Nearest Downside Decision Level

$629.28Range

Related Forecasts