SPY SPDR S&P 500 Daily Chart Analysis: 2026-Feb-18 07:22 CT

Price Action

• Last: 682.85,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Feb

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 675.79,
• 4. Pvt. Next: Pvt high 693.32,
• 5. Levels R: 697.84, 697.14, 693.32,
• 6. Levels S: 675.79, 671.20, 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 688.11 Down Trend,
• (Short-Term) 10 Day: 684.24 Down Trend,
• (Intermediate-Term) 20 Day: 689.15 Down Trend,
• (Intermediate-Term) 55 Day: 682.95 Down Trend,
• (Long-Term) 100 Day: 679.21 Up Trend,
• (Long-Term) 200 Day: 648.65 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47,470,907.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Neutral.

Key Insights Summary

The SPY daily chart currently reflects a market in a corrective phase, with both short-term and intermediate-term trends showing downside momentum. Price has recently pivoted lower, with the most recent swing low at 675.79 and resistance clustered near the 693–697 zone. All short- and intermediate-term moving averages are trending down, confirming the prevailing bearish sentiment for swing traders. However, the long-term trend remains neutral to slightly bullish, as the 100- and 200-day moving averages are still in uptrends, suggesting the broader uptrend is intact but under pressure. Volatility, as measured by ATR, is elevated, and volume remains robust, indicating active participation during this pullback. The market is consolidating within the monthly and weekly fib grids, with no clear directional bias from the session grids, reinforcing a neutral stance for now. The technical setup suggests the market is in a retracement or corrective phase within a larger uptrend, with key support at 675.79 and 671.20, and resistance at 693.32 and above. Swing traders should note the potential for further downside tests, but also be aware of the possibility for a reversal if support holds and momentum shifts.