Learn to Evaluate (SPY) using the Charts
May 09, 2025, 06:50 am ET, BY Rolland S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SPY
- Buy SPY near 541.74 target 582.8 stop loss @ 540.18 Details
The technical summary data tells us to buy SPY near 541.74 with an upside target of 582.8. This data also tells us to set a stop loss @ 540.18 to protect against excessive loss in case the stock begins to move against the trade. 541.74 is the first level of support below 566.6 , and by rule, any test of support is a buy signal. In this case, support 541.74 would be being tested, so a buy signal would exist.
- Short SPY slightly under 582.8, target 541.74, stop loss @ 584.48 Details
The technical summary data is suggesting a short of SPY as it gets near 582.8 with a downside target of 541.74. We should have a stop loss in place at 584.48though. 582.8 is the first level of resistance above 566.6, and by rule, any test of resistance is a short signal. In this case, if resistance 582.8 is being tested, so a short signal would exist.
Swing Trading Plans for SPY
- Buy SPY slightly over 574.16, target 582.8, Stop Loss @ 572.5 Details
If 574.16 begins to break higher, the technical summary data tells us to buy SPY just slightly over 574.16, with an upside target of 582.8. The data also tells us to set a stop loss @ 572.5 in case the stock turns against the trade. 574.16 is the first level of resistance above 566.6, and by rule, any break above resistance is a buy signal. In this case, 574.16, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SPY slightly near 574.16, target 563.47, Stop Loss @ 575.82. Details
The technical summary data is suggesting a short of SPY if it tests 574.16 with a downside target of 563.47. We should have a stop loss in place at 575.82 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 574.16, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for SPY
- Buy SPY slightly over 566.89, target 574.16, Stop Loss @ 565.57 Details
If 566.89 begins to break higher, the technical summary data tells us to buy SPY just slightly over 566.89, with an upside target of 574.16. The data also tells us to set a stop loss @ 565.57 in case the stock turns against the trade. 566.89 is the first level of resistance above 566.6, and by rule, any break above resistance is a buy signal. In this case, 566.89, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SPY slightly near 566.89, target 563.47, Stop Loss @ 568.21. Details
The technical summary data is suggesting a short of SPY if it tests 566.89 with a downside target of 563.47. We should have a stop loss in place at 568.21 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 566.89, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for S&p 500 Etf Trust Etf (SPY) available here: SPY.
SPY Ratings for May 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
541.74 |
| P2 |
559.15 |
563.47 |
582.8 |
| P3 |
566.89 |
574.16 |
617.06 |
AI Generated Signals for SPY
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The S&p 500 Etf Trust Etf (NYSE: SPY) report below can help you understand how to do this. The trading plans for SPY, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SPY:
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