The Greedy Trader Weekly Analysis
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- 10/9/2026 -
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SPDRs (SPY) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is strongly overboughtTrend resistance at 766.90
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtDaily  MACD line has moved above its signal line
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It was a first positive week for the SPDRs (SPY). During the week, the SPY gained 8.93 points, or 1.16%, and closed at 778.57 on Friday, October 9, 2026. Weekly volume was -48% 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 781.62 on October 6, 2026. SPY gained -433.50 points, or -124.53%, in 207 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (766.90). 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 781.62 on October 6, 2026. SPY gained -152.34 points, or -24.21%, in 27 weeks. Price is near the trend high.

Weekly Technical Indicators: [See SPY weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 below its signal line since September 4, 2026. The distance between MACD and the signal line is low and getting smaller. 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 September 16, 2026 at 749.60 and reached 781.62 on October 6, 2026. SPY gained -32.02 points, or -4.27%, in 20 days. The price is now at the 9.53% retracement level.

Daily Technical Indicators: [See SPY daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.58
Williams' Percentage Range (W%R) 16.80
Overbought
Lane's Stochastic (%D-Slow) 82.53
Overbought
Greed/Fear Indicator (GFI) 73.77
Moving Average Converg./Diverg. (MACD) 2.11
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.72
Williams' Percentage Range (W%R) 8.30
Strong Overbought
Lane's Stochastic (%D-Slow) 73.75
Greed/Fear Indicator (GFI) 73.69
Moving Average Converg./Diverg. (MACD) 19.05
Trading Signals
Description Value Chart
Upper Bollinger Band 783.74
Price 778.57
Daily Stochastic Crossing 777.20
Weekly Stochastic Crossing 773.54
20 Day Moving Average 767.98
50 Day Moving Average 767.57
Parabolic System 767.55
Quarterly Trendline Resistance 766.90
Lower Bollinger Band 755.92
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 749.60
Low Date 09/16/2026
High 781.62
High Date 10/06/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 629.28
Low Date 03/30/2026
High 781.62
High Date 10/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 481.80
Low Date 04/07/2025
High 781.62
High Date 10/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 766.90
Support 564.43
Low 348.12
Low Date 10/13/2022
High 781.62
High Date 10/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 67.10
Low Date 03/06/2009
High 781.62
High Date 10/06/2026
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.