State Street SPDR Portfolio Developed World ex-US (SPDW) ETF — Weekly technical analysis | 26-30 Oct 2026
SPDW
State Street SPDR Portfolio Developed World ex-US ETF
Weekly technical analysis of the State Street SPDR Portfolio Developed World ex-US (SPDW) ETF: IQS 57/100. Structure, momentum and trading levels for swing trading updated 30 Oct 2026.
SCORE IQS Lite
57/100
Weekly Structure 10
Daily Momentum 18
Weekly Ichimoku 17
Daily CMF 6
Delta 6
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · State Street SPDR Portfolio Developed World ex-US ETF (SPDW · ISIN US78463X8891)
Weekly Structure
At 10/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 18/35 momentum is positive: impulse building, daily trend accelerating.
Weekly Ichimoku
At 17/19 Ichimoku is confirmed bullish: above the cloud with one of the two lines confirming.
Daily CMF
At 6/6 CMF shows inflows: capital entering and buying pressure.
Delta
At 6/10 the week is slightly positive: close between 0% and +2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
SPDW trades in ordinary cycle phase, compressed within the neutral zone characterized by structural weakness. The weekly Ichimoku remains above the cloud (bullish), whereas the weekly MACD persists in strong bearish signals. Awaiting confirmation through a structural breakout remains the primary scenario of interest before any position.
This week's view by AiTrading67.com
The stretched IQS at 57 signals an extended cycle with near-term exhaustion potential. Daily momentum remains in Strong bullish, but weekly structure shows Strong bearish and weekly EMA50 in Tight compression, creating a divergence. The scenario remains interesting from a technical standpoint, with price consolidating.
Chart State Street SPDR Portfolio Developed World ex-US (SPDW) · 12-month trend
Source: TradingView
Over the past week the stock gained 0.6%; over twelve months it is up 14.1%.
Weekly Structure
Weekly RSI
Neutral
Weekly MACD · Status
D — Deterioration
Negative histogram expanding
Weekly EMA50
Tight
Price very close to the weekly MA
Weekly EMA Stack
Partial stack
MAs not aligned
Above CloudT+K-
Daily Momentum
Daily ADX / DMI
Weak
−DI dominates +DI
Daily RSI
Neutral-bearish
Capital Flow (CMF)
Heavy inflow
Daily MACD · Status
A — Improvement
Daily Stochastic
Neutral
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum shows a mixed but slightly supportive picture for upside. ADX is in weak trend, with -DI above +DI, but MACD remains in Strong bullish and CMF signals heavy inflows, elements that contrast with the weakness of directional impulse. RSI moves in neutral-bearish zone, reflecting caution, while stochastic remains neutral. The moving average cross represents a mature Golden Cross, suggesting a near-term scenario still supported by constructive signals, although bearish pressure could intensify.
Weekly market overview
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The weekly structure displays divergence among technical components. The EMA50 remains Tight, and the moving averages are not fully aligned, signaling structural weakness. The weekly MACD is in Strong bearish, confirming a loss of upside momentum over the longer term. Conversely, the Ichimoku above the bullish cloud and RSI still in neutral zone maintain a scenario that is not entirely bearish, suggesting a consolidation phase rather than a collapse.