SPY

SPY
$699.94 +0.79% As of Apr 16, 2:39 AM
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Trade Idea

Strategy
Bull Call
Strikes
$659/660
Expiration
Oct 17
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.

Technical Analysis

Technical Uptrend Accelerates for SPY at $699.94

Bullish
Apr 16, 2026 at 2:39 AM $699.94 (+0.79%)

SPY (SPY) advanced 0.79%, ending the session at $699.94 on April 16.

The technical picture is bullish:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($679.94) supports, 21-day ($671.23) below.
Momentum RSI at 69.2 is in neutral territory but trending higher. MACD reads 5.21 against its -1.03 signal line (bullish).
Volatility Price is extended above the upper Bollinger Band ($697.90), suggesting possible mean reversion.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Key levels to watch: Support at $626.10, Resistance at $697.90.

SPY Powers to $699.94 on Strong EMA Stack

Bullish
Apr 15, 2026 at 9:00 PM $699.94 (+0.79%)

SPY Holds Bullish Structure Above $694.46

Bullish
Apr 14, 2026 at 9:00 PM $694.46 (+1.22%)

SPY Technical Picture Brightens at $686.10

Bullish
Apr 13, 2026 at 9:00 PM $686.10 (+0.98%)

SPY Holds Bullish Structure Above $679.46

Bullish
Apr 12, 2026 at 1:46 AM $679.46 (-0.07%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -181
Trade Date Sep 12, 2025
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.