The Greedy Trader Weekly Analysis
Sign In Aug 28, 2026
Skip Navigation Links
Share
Number of records: 6
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

Select Sector SPDR ETFs Technical Analysis - SPY

Archive
- 8/21/2026 -
Sign In to see current Signals.

SPDRs (SPY) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergenceBroken trend resistance lineTrend resistance at 753.95
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARLane's Stochastic is oversold
Move cursor over the icon to see details.

It was the negative week for the SPDRs (SPY). During the week, the SPY dropped -10.62 points, or -1.37%, and closed at 765.72 on Friday, August 21, 2026. Weekly volume was -43% 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 779.37 on August 13, 2026. SPY gained -431.25 points, or -123.88%, in 200 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (753.95). 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 779.37 on August 13, 2026. SPY gained -150.09 points, or -23.85%, in 19 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (731.25) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a medium-term trend.

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. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 31, 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 779.37 on August 13, 2026. SPY gained -62.79 points, or -8.76%, in 48 days. The chart has formed a Broadening Ascending Wedge chart pattern.

Daily Technical Indicators: [See SPY daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

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

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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) 57.63
Williams' Percentage Range (W%R) 26.50
Lane's Stochastic (%D-Slow) 17.93
Oversold
Greed/Fear Indicator (GFI) 49.69
Moving Average Converg./Diverg. (MACD) 6.56
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.67
Bearish
Williams' Percentage Range (W%R) 9.40
Strong Overbought
Lane's Stochastic (%D-Slow) 75.89
Bearish
Greed/Fear Indicator (GFI) 73.01
Moving Average Converg./Diverg. (MACD) 19.84 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 791.50
Parabolic System 779.79
Weekly Stochastic Crossing 766.68
Price 765.72
Daily Stochastic Crossing 764.03
20 Day Moving Average 762.33
Quarterly Trendline Resistance 753.95
50 Day Moving Average 751.75
Weekly Trendline Resistance 751.15
Lower Bollinger Band 735.13
Weekly Trendline Support 731.25
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 716.58
Low Date 06/26/2026
High 779.37
High Date 08/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 751.15
Support 731.25
Low 629.28
Low Date 03/30/2026
High 779.37
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 481.80
Low Date 04/07/2025
High 779.37
High Date 08/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 753.95
Support 557.14
Low 348.12
Low Date 10/13/2022
High 779.37
High Date 08/13/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 67.10
Low Date 03/06/2009
High 779.37
High Date 08/13/2026
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.