Feb 28, 2026 at 12:40 AM
•
$685.99
(-0.48%)
SPY (SPY) retreated 0.48%, ending the session at $685.99 on February 28.
Key indicators suggest a mixed bias:
Moving Averages
Price sits below both the 9-day ($687.51) and 21-day ($687.71) EMAs, suggesting short-term weakness.
Momentum
RSI at 48.3 is neutral but improving. MACD is bullish (-0.18 vs signal -0.27).
Volatility
Volatility has been compressing for 20 sessions (TTM Squeeze active), often a precursor to directional moves.
While EMAs remain bearish, positive MACD divergence hints at potential support around $678.20.
Support sits at $678.20 with resistance at $697.16.