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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

SPDR S&P 500 (PACF:SPY)

Sidelines Mode (+55) - SPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SPY
Open High Low SPY Price Change
552.430 554.080 547.910 548.695 -3.965
Entry Signal

MarketClub’s Trade Triangles for SPY

long term up The long-term trend has been UP since Nov 29th, 2023 at 457.25

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 515.30

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 557.15

Smart Scan Analysis for SPY

Based on our trend formula, SPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
552.430 554.080 547.910 548.695 -3.965
Prev. Close Volume Bid Ask Time
548.990 52745843 2024-07-19 15:59:25
Year High293.94Year High Date2018-09-20
Year Low252.92Year Low Date2018-02-09
52wk High565.1652wk High Date2024-07-16
52wk Low409.2152wk Low Date2023-10-27
Year End Close142.41Average Volume46,058,689
Shares Outstanding856,432Assets267,773,028M
Liabilities121,039,234MBeta1
Volatility20.74
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