SPY

SPY
$771.79 +0.29% As of Oct 16, 12:00 AM
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Trade Idea

Strategy
Bull Call
Strikes
$689/690
Expiration
Feb 13
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.

Technical Analysis

SPY Momentum Tide Turns Negative at $771.79

Bearish
Oct 16, 2026 at 12:00 AM • $771.79 (+0.29%)

The stock of SPY (SPY) climbed 0.29% to close at $771.79 on October 16.

The technical setup looks bearish:

Momentum RSI at 52.6 is neutral but weakening. MACD is bearish (2.69 vs signal 2.71).
Moving Averages Mixed signals with price near the 9-day EMA ($773.52). The 21-day EMA sits at $771.14.
Volatility Bollinger Band width at 2.9% indicates low volatility.

Support sits at $760.09 with resistance at $782.12.

Caution: SPY MACD Histogram Turns Red at $771.79

Bearish
Oct 15, 2026 at 9:01 PM • $771.79 (+0.29%)

SPY MACD Signals Upside at $769.60

Bullish
Oct 15, 2026 at 12:07 AM • $769.60 (-1.09%)

SPY Buyers Gain Momentum Edge at $769.60

Bullish
Oct 14, 2026 at 9:01 PM • $769.60 (-1.09%)

SPY Holds Bullish Structure Above $778.01

Bullish
Oct 13, 2026 at 9:01 PM • $778.01 (-0.02%)
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 -245
Trade Date Jan 8, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.