Spdr S&p Dividend $SDY Technical Update

The Spdr S&p Dividend (NYSE: SDY) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for SDY, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Weak Neutral Neutral
P1 93.48 95.74 93.60
P2 94.99 98.85 97.71
P3 97.40 101.50 101.67

Long Term Trading Plans for SDY

October 12, 2018, 3:45 am ET

The Technical Summary and Trading Plans for SDY help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SDY Report.

SDY - (Long) Support Plan

Buy over 93.60 target 97.71 stop loss @ 93.34.
The technical summary data tells us to buy SDY near 93.60 with an upside target of 97.71. This data also tells us to set a stop loss @ 93.34 to protect against excessive loss in case the stock begins to move against the trade. 93.60 is the first level of support below 94.52 , and by rule, any test of support is a buy signal. In this case, support 93.60 would be being tested, so a buy signal would exist.

SDY - (Short) Resistance Plan

Short under 97.71 target 93.60 stop loss @ 97.97.
The technical summary data is suggesting a short of SDY as it gets near 97.71 with a downside target of 93.60. We should have a stop loss in place at 97.97 though. 97.71 is the first level of resistance above 94.52, and by rule, any test of resistance is a short signal. In this case, if resistance 97.71 is being tested, so a short signal would exist.

SDY Long Term Analysis

SDY Dividend Chart

SDY PE chart

SDY PEG chart