SPDR S&P 500

SPY

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

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Type:	ETF
Ticker:	SPY
ISIN:

SPDR S&P 500 - 15 min. - Technical analysis published on 09/11/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

28%

My opinion

Bullish above 547.11 USD

My targets

550.83 USD (+0.37%)

552.88 USD (+0.74%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on SPDR S&P 500. This is a positive signal for buyers. As long as the price remains above 547.11 USD, a purchase could be considered. The first bullish objective is located at 550.83 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 552.88 USD as an objective. Crossing it would then enable buyers to target 556.60 USD. In the event of a return below 547.11 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by aljoeed. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SPDR S&P 500 rating is 548.79 USD. The price has increased by +0.44% since the last closing and was traded between 543.38 USD and 549.15 USD over the period. The price is currently at +1.00% from its lowest and -0.07% from its highest.

543.38

549.15

548.79

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this 15 min. chart of SPDR S&P 500 indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	531.46	539.44	546.73	548.79	556.22	564.86
Change (%)	-3.16%	-1.70%	-0.38%	-	+1.35%	+2.93%
Change	-17.33	-9.35	-2.06	-	+7.43	+16.07
Level	Intermediate	Major	Intermediate	-	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	539.29	541.34	545.06	547.11	550.83	552.88	556.60
Camarilla	547.20	547.73	548.26	548.79	549.32	549.85	550.38
Woodie	540.14	541.76	545.91	547.53	551.68	553.30	557.45
Fibonacci	541.34	543.54	544.90	547.11	549.31	550.67	552.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	511.56	525.50	532.93	546.87	554.30	568.24	575.67
Camarilla	534.48	536.44	538.40	540.36	542.32	544.28	546.24
Woodie	508.31	523.87	529.68	545.24	551.05	566.61	572.42
Fibonacci	525.50	533.66	538.71	546.87	555.03	560.08	568.24

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	473.97	492.12	527.90	546.05	581.83	599.98	635.76
Camarilla	548.85	553.79	558.74	563.68	568.62	573.57	578.51
Woodie	482.79	496.53	536.72	550.46	590.65	604.39	644.58
Fibonacci	492.12	512.72	525.45	546.05	566.65	579.38	599.98

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.94
MACD (12,26,9):	0.7800
Directional Movement:	10.57
AROON (14):	100.00
DEMA (21):	548.23
Parabolic SAR (0,02-0,02-0,2):	545.43
Elder Ray (13):	0.99
Super Trend (3,10):	546.15
Zig ZAG (10):	548.75
VORTEX (21):	1.1000
Stochastique (14,3,5):	94.26
TEMA (21):	548.62
Williams %R (14):	-7.94
Chande Momentum Oscillator (20):	3.61
Repulse (5,40,3):	0.1100
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	1.08

MA7:	550.27
MA20:	554.07
MA50:	549.13
MA100:	536.75
MAexp7:	548.26
MAexp20:	547.29
MAexp50:	546.45
MAexp100:	547.14
Price / MA7:	-0.27%
Price / MA20:	-0.95%
Price / MA50:	-0.06%
Price / MA100:	+2.24%
Price / MAexp7:	+0.09%
Price / MAexp20:	+0.27%
Price / MAexp50:	+0.42%
Price / MAexp100:	+0.29%

Quotes : - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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