State Street SPDR S&P 500 (SPY) ETF — Weekly technical analysis | 26-30 Oct 2026
SPY
State Street SPDR S&P 500 ETF
Weekly technical analysis of the State Street SPDR S&P 500 (SPY) ETF: IQS 42/100. Structure, momentum and trading levels for swing trading updated 30 Oct 2026.
SCORE IQS Lite
42/100
Weekly Structure 12
Daily Momentum 5
Weekly Ichimoku 19
Daily CMF 3
Delta 3
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · State Street SPDR S&P 500 ETF (SPY · ISIN US78462F1030)
Weekly Structure
At 12/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 5/35 momentum is absent: flat or negative daily impulse, no 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 3/10 the week is slightly negative: close between -2% and 0%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
SPY consolidates within the no-trade-zone with ordinary-phase IQS and yellow light. Daily MACD shows bearish fading while weekly MACD remains strong bearish; Ichimoku maintains bullish support. Awaiting confirmation on breakout is the priority.
This week's view by AiTrading67.com
Technical context suggests an ordinary phase with bearish bias from weekly MACD in weakness, while daily MACD fades bearish. Awaiting confirmation remains the priority in this environment. Rating: neutral with cautious interest toward potential reversal signals.
Chart State Street SPDR S&P 500 (SPY) · 12-month trend
Source: TradingView
Over the past week the stock shed 0.6%; over twelve months it is up 12.6%.
Weekly Structure
Weekly RSI
Neutral
Weekly MACD · Status
D — Deterioration
Negative histogram expanding
Weekly EMA50
Approaching
Price approaching 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)
Neutral
Daily MACD · Status
C — Early deterioration
Daily Stochastic
Oversold
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum shows weakness but stabilization. ADX is low with -DI above +DI indicating downside pressure, RSI is in neutral-negative territory and CMF is neutral. MACD is fading bearish and stochastic is oversold, signs of exhaustion. The mature Golden Cross on moving averages represents a potential turning point in coming days.
Weekly market overview
global ETFs Market Pulse →Platinum edition
See the Platinum analysis of SPY →
At the weekly level, structure is mixed. RSI is neutral, MACD shows bearish weakness and EMA50 is approaching. The MA stack remains incomplete and not fully aligned. However, Ichimoku maintains support above the cloud, balancing downside pressure with potential bullish support.