SPY SPDR S&P 500 Daily Chart Analysis: 2025-Aug-24 18:11 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

The SPY daily chart shows a strong bullish structure across all timeframes, with price action maintaining higher highs and higher lows. The current swing pivot trend is up, supported by all major moving averages trending higher, indicating robust momentum. The price is trading well above key support levels, with the nearest significant support at 599.47 and resistance at 645.31. ATR and volume metrics suggest steady but not extreme volatility, and there is no clear sign of exhaustion or reversal. The market appears to be in a sustained uptrend, with no immediate technical signals of a major pullback or reversal. This environment typically favors trend-following strategies, with the potential for continued upside as long as support levels hold and moving averages remain aligned to the upside.


Chart Analysis ATS AI Generated: 2025-08-24 18:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.