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- 4/17/2025 -
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S&P 500 (^GSPC) Technical Analysis

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Summary:
Weekly :
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe period of high volatility of the stock price
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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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.31
Williams' Percentage Range (W%R) 50.60
Lane's Stochastic (%D-Slow) 69.95
Greed/Fear Indicator (GFI) 53.56
Moving Average Converg./Diverg. (MACD) -124.78
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.72
Williams' Percentage Range (W%R) 64.20
Lane's Stochastic (%D-Slow) 26.81
Greed/Fear Indicator (GFI) 34.20
Moving Average Converg./Diverg. (MACD) 40.06
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 6308.54
Upper Bollinger Band 5907.74
50 Day Moving Average 5705.48
Monthly Trendline Resistance 5531.61
20 Day Moving Average 5453.95
Daily Stochastic Crossing 5321.95
Price 5282.70
Weekly Stochastic Crossing 5189.97
Quarterly Trendline Support 4966.96
Lower Bollinger Band 4959.13
Parabolic System 4867.21
Monthly Trendline Support 4519.93
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 5481.34
High Date 04/09/2025
Low 5115.27
Low Date 04/10/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 4835.04
Low Date 04/07/2025
High 5481.34
High Date 04/09/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 5531.61
Support 4519.93
High 6147.43
High Date 02/19/2025
Low 4835.04
Low Date 04/07/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 6308.54
Support 4966.96
Low 3491.58
Low Date 10/13/2022
High 6147.43
High Date 02/19/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 666.79
Low Date 03/06/2009
High 6147.43
High Date 02/19/2025
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.