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Archive - 4/17/2025 - Sign In to see current Signals. |
S&P 500 (^GSPC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the S&P 500 (^GSPC). During the week, the ^GSPC dropped -80.66 points, or -1.50%, and closed at 5282.70 on Thursday, April 17, 2025. Weekly volume was 20% above average.
Long-term trend: [See ^GSPC long-term trend chart] A long-term uptrend had started on October 13, 2022 at 3491.58 and reached 6147.43 on February 19, 2025. ^GSPC gained -2655.85 points, or -76.06%, in 122 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 4966.96 and resistance is at 6308.54. 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 ^GSPC medium-term trend chart] A medium-term downtrend had started on February 19, 2025 at 6147.43 and reached 4835.04 on April 7, 2025. ^GSPC lost 1312.39 points, or 21.35%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 4519.93 and resistance is at 5531.61. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ^GSPC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See ^GSPC short-term trend chart] A short-term uptrend had started on April 7, 2025 at 4835.04 and reached 5481.34 on April 9, 2025. ^GSPC gained -646.30 points, or -13.37%, in 2 days. The price is now at the 30.73% retracement level.
Daily Technical Indicators: [See ^GSPC 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. The distance between the Bollinger Bands is 193.52% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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