State Street SPDR Portfolio Developed World ex-US (SPDW) ETF — Weekly technical analysis | 3-7 Aug 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 70/100. Structure, momentum and trading levels for swing trading updated 7 Aug 2026.
SCORE IQS Lite
70/100
Weekly Structure 12
Daily Momentum 30
Weekly Ichimoku 19
Daily CMF 3
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 12/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 30/35 momentum is strong: marked directional acceleration.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 3/6 CMF is neutral: balance between capital inflows and outflows.
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
The setup reflects a stretched phase with weak compression. Daily bullish momentum (MACD A — Strong bullish) contrasts with weekly resistance (MACD C — Bearish fading); weekly EMA50 remains free and Ichimoku stays above the cloud. Recovery is interesting but awaits structural confirmation at breakout.
This week's view by AiTrading67.com
Breakout above NTZ_sup proves interesting with backing from daily strong bullish momentum. Weekly structure maintains favorable alignment, free EMA50, and bullish Ichimoku support underneath. IQS in stretched phase signals cycle extension: long setup coherent, though watch resistance levels approaching 52.16.
Chart · 12-month trend
Weekly Structure
Weekly RSI
Neutral / bullish bias
Weekly MACD · Status
C — Early deterioration
Negative histogram contracting
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Full bullish stack
5/5 MAs bullish-aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Weak
+DI dominates −DI
Daily RSI
Neutral / bullish bias
Capital Flow (CMF)
Neutral
Daily MACD · Status
A — Improvement
Daily Stochastic
Overbought
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum shows mixed signals within a bullish lean. The ADX/DMI are weak with +DI above -DI, suggesting tentative directional bias; RSI holds neutral zone with bullish bias, leaving room for upside. CMF stays neutral. The MACD is in strong bullish phase, backed by an overbought stochastic indicating near-term tension. A mature Golden Cross in the moving averages adds confirmation to the overall bullish positioning.
Weekly market overview
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Weekly structure displays an overall bullish framework. RSI remains in neutral zone with bullish bias, allowing room for appreciation; MACD is in phase C, bearish fading, signaling a pause rather than reversal. The EMA50 stays free, and the complete MA stack maintains perfect bullish alignment. Ichimoku beneath provides bullish support, sitting above the cloud.