State Street SPDR S&P 500 (SPY) ETF — Weekly technical analysis | 7-11 Sep 2026
SPY
State Street SPDR S&P 500 ETF
Weekly technical analysis of the State Street SPDR S&P 500 (SPY) ETF: IQS 51/100. Structure, momentum and trading levels for swing trading updated 11 Sep 2026.
SCORE IQS Lite
51/100
Weekly Structure 12
Daily Momentum 17
Weekly Ichimoku 19
Daily CMF 0
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 17/35 momentum is weak: uncertain push and ill-defined direction.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 0/6 CMF shows outflows: capital leaving and selling pressure.
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
The ETF remains in a stretched consolidation phase, with the IQS at 62 reflecting a cycle in extension but not yet exhausted. Weekly structure is solid with bullish Ichimoku, while daily momentum signals show fading. Awaiting confirmation is the priority before any structural move.
This week's view by AiTrading67.com
SPY remains confined within the neutral zone awaiting directional confirmation. Weekly Ichimoku sustains from above cloud (bullish), yet marked daily outflows curb momentum and thrust remains moderate. The ordinary phase counsels prudence: entry on confirmed breakout requires dominant volume and decisiveness.
Chart State Street SPDR S&P 500 (SPY) · 12-month trend
Over the past week the stock shed 0.8%; over twelve months it is up 15.2%.
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
Partial stack
MAs not aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Absent
+DI dominates −DI
Daily RSI
Neutral
Capital Flow (CMF)
Heavy outflow
Daily MACD · Status
C — Early deterioration
Daily Stochastic
Neutral
Weekly EMA Cross
Mature Golden Cross
In summary
Daily ADX is absent with +DI above -DI, while RSI remains in neutral zone. CMF signals heavy outflows, moderating thrust, and MACD shows bearish fading. Stochastic stays neutral. Momentum is moderate, with visible selling pressure.
Weekly market overview
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Weekly RSI remains in neutral zone with bullish bias, while MACD signals bearish fading. EMA50 is free and Ichimoku sustains above cloud (bullish), though MA alignment remains partial. The structure is ordinary, awaiting directional confirmation.