SPDR S&P 500 - 15 min. - Technical analysis published on 05/17/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
50%
28%
My opinion
Bullish above 414.01 USD
My targets
415.75 USD (+0.26%)
418.32 USD (+0.88%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SPDR S&P 500. As long as you are above the support located at 414.01 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 415.75 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 418.32 USD as an objective. Crossing it would then enable buyers to target 420.06 USD. If the support 414.01 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.6
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Additional analysis
Quotes
The SPDR S&P 500 rating is 414.69 USD. The price is lower by -0.45% since the last closing and was traded between 413.81 USD and 416.39 USD over the period. The price is currently at +0.21% from its lowest and -0.41% from its highest.413.81
416.39
414.69
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of SPDR S&P 500 indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 404.00 | 407.84 | 410.68 | 414.69 | 416.34 | 417.91 | 420.69 |
| Change (%) | -2.58% | -1.65% | -0.97% | - | +0.40% | +0.78% | +1.45% |
| Change | -10.69 | -6.85 | -4.01 | - | +1.65 | +3.22 | +6.00 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 409.70 | 411.44 | 414.01 | 415.75 | 418.32 | 420.06 | 422.63 |
| Camarilla | 415.40 | 415.79 | 416.19 | 416.58 | 416.98 | 417.37 | 417.77 |
| Woodie | 410.12 | 411.65 | 414.43 | 415.96 | 418.74 | 420.27 | 423.05 |
| Fibonacci | 411.44 | 413.09 | 414.10 | 415.75 | 417.40 | 418.41 | 420.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 387.40 | 395.70 | 406.14 | 414.44 | 424.88 | 433.18 | 443.62 |
| Camarilla | 411.43 | 413.14 | 414.86 | 416.58 | 418.30 | 420.02 | 421.73 |
| Woodie | 388.47 | 396.24 | 407.21 | 414.98 | 425.95 | 433.72 | 444.69 |
| Fibonacci | 395.70 | 402.86 | 407.28 | 414.44 | 421.60 | 426.02 | 433.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 380.87 | 389.53 | 403.41 | 412.07 | 425.95 | 434.61 | 448.49 |
| Camarilla | 411.10 | 413.17 | 415.23 | 417.30 | 419.37 | 421.43 | 423.50 |
| Woodie | 383.49 | 390.84 | 406.03 | 413.38 | 428.57 | 435.92 | 451.11 |
| Fibonacci | 389.53 | 398.14 | 403.46 | 412.07 | 420.68 | 426.00 | 434.61 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 45.80 | |
| MACD (12,26,9): | -0.1700 | |
| Directional Movement: | -7.72 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 414.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 414.83 | |
| Elder Ray (13): | -0.50 | |
| Super Trend (3,10): | 416.63 | |
| Zig ZAG (10): | 414.65 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 14.29 | |
| TEMA (21): | 414.15 | |
| Williams %R (14): | -82.88 | |
| Chande Momentum Oscillator (20): | -2.72 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.02 |
| MA7: | 414.46 | |
| MA20: | 415.82 | |
| MA50: | 405.99 | |
| MA100: | 393.58 | |
| MAexp7: | 414.71 | |
| MAexp20: | 414.97 | |
| MAexp50: | 414.33 | |
| MAexp100: | 413.94 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | -0.27% | |
| Price / MA50: | +2.14% | |
| Price / MA100: | +5.36% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.18% |
Quotes :
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15 min delayed data
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NYSE MKT Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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