The Greedy Trader Weekly Analysis
Sign In Apr 10, 2026
Skip Navigation Links
Share
Number of records: 6
Symbol:  

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

Select Sector SPDR ETFs Technical Analysis - SPY

Archive
- 4/2/2026 -
Sign In to see current Signals.

SPDRs (SPY) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was a first positive week after 5 consecutive negative weeks for the SPDRs (SPY). During the week, the SPY gained 21.74 points, or 3.43%, and closed at 655.83 on Thursday, April 2, 2026. It was the best weekly gain since November 28, 2025. Weekly volume was 31% above 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 697.84 on January 28, 2026. SPY gained -349.72 points, or -100.46%, in 171 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 536.34 and resistance is at 717.00. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See SPY medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 481.80 and reached 697.84 on January 28, 2026. SPY gained -216.04 points, or -44.84%, in 42 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (745.48) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See SPY weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since November 14, 2025. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See SPY short-term trend chart]
A short-term downtrend had started on February 25, 2026 at 693.68 and reached 629.28 on March 30, 2026. SPY lost 64.40 points, or 9.28%, in 33 days. The price is now at the 41.23% retracement level.

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

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

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.49
Williams' Percentage Range (W%R) 68.30
Lane's Stochastic (%D-Slow) 45.81
Greed/Fear Indicator (GFI) 41.33
Moving Average Converg./Diverg. (MACD) -9.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.70
Williams' Percentage Range (W%R) 75.00
Lane's Stochastic (%D-Slow) 24.60
Greed/Fear Indicator (GFI) 31.03
Moving Average Converg./Diverg. (MACD) 11.03
Trading Signals
Description Value Chart
Monthly Trendline Support 745.48
Quarterly Trendline Resistance 717.00
Monthly Trendline Resistance 703.84
Upper Bollinger Band 684.47
50 Day Moving Average 676.45
20 Day Moving Average 659.00
Price 655.83
Daily Stochastic Crossing 647.19
Weekly Stochastic Crossing 642.40
Lower Bollinger Band 633.15
Parabolic System 630.99
Quarterly Trendline Support 536.34
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 693.68
High Date 02/25/2026
Low 629.28
Low Date 03/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 697.84
High Date 01/28/2026
Low 629.28
Low Date 03/30/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 703.84
Support 745.48
Low 481.80
Low Date 04/07/2025
High 697.84
High Date 01/28/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 717.00
Support 536.34
Low 348.12
Low Date 10/13/2022
High 697.84
High Date 01/28/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 67.10
Low Date 03/06/2009
High 697.84
High Date 01/28/2026
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.