SPY Due for Rest After Push to $710.14
Bearish
Apr 20, 2026 at 12:16 AM
•
$710.14
(+1.21%)
SPY (SPY) advanced 1.21%, ending the session at $710.14 on April 20.
The technical picture is bullish:
Moving Averages
The stock holds above both the 9-day ($689.46) and 21-day ($677.29) EMAs, confirming the uptrend.
Momentum
RSI at 72.9 is elevated in overbought zone, which often precedes pullbacks. MACD reads 8.77 against its 2.19 signal line (bullish).
Volatility
Bollinger Band width at 13.3% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Traders are watching $622.14 on the downside and $711.10 on the upside.