State Street SPDR Portfolio S&P 500 (SPYM) ETF — Weekly technical analysis | 7-11 Sep 2026
SPYM
State Street SPDR Portfolio S&P 500 ETF
Weekly technical analysis of the State Street SPDR Portfolio S&P 500 (SPYM) ETF: IQS 39/100. Structure, momentum and trading levels for swing trading updated 11 Sep 2026.
SCORE IQS Lite
39/100
Weekly Structure 12
Daily Momentum 5
Weekly Ichimoku 19
Daily CMF 0
Delta 3
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · State Street SPDR Portfolio S&P 500 ETF (SPYM · ISIN US78464A8541)
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 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 weekly structure remains robust with EMA50 free and Ichimoku above the bullish cloud, however daily momentum shows signs of fading with MACD bearish and strong outflows. Awaiting confirmation of the breakout remains the priority before any operational action.
This week's view by AiTrading67.com
Weekly structure supports the bullish thesis with Free EMA50 and Ichimoku above the cloud, but daily momentum remains fragile due to strong outflows and bearish fading MACD. The compression in the No Trade Zone makes awaiting breakout confirmation the priority before an interesting entry.
Chart State Street SPDR Portfolio S&P 500 (SPYM) · 12-month trend
Over the past week the stock shed 1.0%; over twelve months it is up 14.6%.
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 momentum shows absent ADX with negative DI above positive DI, indicating weak directional definition. RSI remains in the neutral zone without extremes. CMF displays strong outflows, signaling underlying weakness in volume terms. The daily MACD in Bearish fading points to a transition phase. Stochastic sits neutral without clear signals, while the mature Golden Cross suggests a recent bullish impulse already developed, now needing fresh confirmation.
Weekly market overview
global ETFs Market Pulse →Platinum edition
See the Platinum analysis of SPYM →
Weekly structure shows RSI in neutral zone with bullish bias. MACD is in Bearish fading, signaling a transition toward equilibrium. Free EMA50 supports the positive orientation, and Ichimoku above the bullish cloud reinforces the constructive setup, though the MA stack is only partial and not fully aligned.