The Greedy Trader Weekly Analysis
Sign In Jul 31, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 7/24/2026 -
Sign In to see current Signals.

SPDRs (SPY) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtTrend resistance at 746.33
Daily :Price is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the SPDRs (SPY). During the week, the SPY gave back -4.36 points, or -0.59%, and closed at 738.93 on Friday, July 24, 2026. Weekly volume was -40% 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 760.40 on June 2, 2026. SPY gained -412.28 points, or -118.43%, in 189 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (746.33). 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 760.40 on June 2, 2026. SPY gained -131.12 points, or -20.84%, in 9 weeks. The price is now at the 16.37% retracement level.

Weekly Technical Indicators: [See SPY weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 April 24, 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 uptrend had started on June 26, 2026 at 716.58 and reached 755.58 on July 15, 2026. SPY gained -39.00 points, or -5.44%, in 19 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See SPY daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since July 16, 2026. The distance between MACD and the signal line is low, but getting bigger.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.09
Williams' Percentage Range (W%R) 43.80
Lane's Stochastic (%D-Slow) 28.85
Greed/Fear Indicator (GFI) 41.39
Moving Average Converg./Diverg. (MACD) 1.77
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.73
Williams' Percentage Range (W%R) 16.70
Overbought
Lane's Stochastic (%D-Slow) 68.30
Greed/Fear Indicator (GFI) 68.80
Moving Average Converg./Diverg. (MACD) 19.22
Trading Signals
Description Value Chart
Upper Bollinger Band 757.31
Parabolic System 750.46
Weekly Stochastic Crossing 747.14
Quarterly Trendline Resistance 746.33
20 Day Moving Average 746.15
50 Day Moving Average 745.07
Daily Stochastic Crossing 741.74
Price 738.93
Lower Bollinger Band 732.90
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 716.58
Low Date 06/26/2026
High 755.58
High Date 07/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 629.28
Low Date 03/30/2026
High 760.40
High Date 06/02/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 481.80
Low Date 04/07/2025
High 760.40
High Date 06/02/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 746.33
Support 552.85
Low 348.12
Low Date 10/13/2022
High 760.40
High Date 06/02/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 67.10
Low Date 03/06/2009
High 760.40
High Date 06/02/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.