SPY Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

State Street SPDR S&P 500 ETF Trust (SPY) Moving Averages Convergence Divergence (MACD) indicator is 14.31, suggesting SPY is Strong buy.

State Street SPDR S&P 500 ETF Trust (SPY) 20-Day simple moving average is 713.06, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.

State Street SPDR S&P 500 ETF Trust (SPY) 60-Day simple moving average is 684.54, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.

Technical Analysis for SPY

Technical Sentiment Analysis for State Street SPDR S&P 500 ETF Trust (SPY). As of 2026-05-08, State Street SPDR S&P 500 ETF Trust (SPY) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SPY stands at 75.32, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 14.31, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 94.31 and the Commodity Channel Index (CCI) at 167.24 further confirm a 23.68 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, SPY is trading above its 60-day moving average of $684.54 and above its 200-day long-term moving average of $673.43. Key price levels to watch include the immediate resistance at $737.43 and strong support at $707.72. A break above $737.43 could signal a bull continuation, while falling below $707.72 may test the next Fibonacci floor at $693.19.

State Street SPDR S&P 500 ETF Trust (SPY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	678.01	693.19	707.72	722.9	737.43	752.61	767.14
Fibonacci	693.19	704.54	711.55	722.9	734.25	741.26	752.61

State Street SPDR S&P 500 ETF Trust (SPY) Technical Indicators

2026-05-08

Name	Value
Relative Strength Index (RSI)	75.32
Stochastic Oscillator	94.31
Stochastic RSI	92.54
Commodity Channel Index (CCI)	167.24
Awesome Oscillator	39.41
Momentum	23.68
MACD	14.31

State Street SPDR S&P 500 ETF Trust (SPY) Relative Strength Index (RSI) is 75.32, creating a Sell signal.

State Street SPDR S&P 500 ETF Trust (SPY) Stochastic Oscillator is 94.31, creating a Sell signal.

State Street SPDR S&P 500 ETF Trust (SPY) Stochastic RSI is 92.54, creating a Sell signal.

State Street SPDR S&P 500 ETF Trust (SPY) Commodity Channel Index (CCI) is 167.24, creating a Sell signal.

State Street SPDR S&P 500 ETF Trust (SPY) Awesome Oscillator is 39.41, creating a Buy signal.

State Street SPDR S&P 500 ETF Trust (SPY) Momentum is 23.68, creating a Buy signal.

State Street SPDR S&P 500 ETF Trust (SPY) MACD is 14.31, creating a Buy signal.

State Street SPDR S&P 500 ETF Trust (SPY) Moving Average

2026-05-08

Period	Simple	Signal
5-Day	728.96	Buy
10-Day	722.26	Buy
20-Day	713.06	Buy
60-Day	684.54	Buy
200-Day	673.43	Buy
250-Day	659.79	Buy

State Street SPDR S&P 500 ETF Trust (SPY) 5-Day simple moving average is 728.96, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.

State Street SPDR S&P 500 ETF Trust (SPY) 10-Day simple moving average is 722.26, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.

State Street SPDR S&P 500 ETF Trust (SPY) 20-Day simple moving average is 713.06, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.

State Street SPDR S&P 500 ETF Trust (SPY) 60-Day simple moving average is 684.54, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.

State Street SPDR S&P 500 ETF Trust (SPY) 200-Day simple moving average is 673.43, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.

State Street SPDR S&P 500 ETF Trust (SPY) 250-Day simple moving average is 659.79, while State Street SPDR S&P 500 ETF Trust (SPY) share price is $737.62, making it Buy.