SPY SPDR S&P 500 Daily Chart Analysis: 2026-Feb-19 07:14 CT

Price Action

• Last: 686.29,
• Bars: Medium,
• Mom: Average.

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 673.78,
• 4. Pvt. Next: Pvt high 697.14,
• 5. Levels R: 697.84, 697.14,
• 6. Levels S: 671.20, 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 685.98 Down Trend,
• (Short-Term) 10 Day: 684.76 Down Trend,
• (Intermediate-Term) 20 Day: 688.71 Down Trend,
• (Intermediate-Term) 55 Day: 693.32 Down Trend,
• (Long-Term) 100 Day: 679.41 Up Trend,
• (Long-Term) 200 Day: 649.30 Up Trend.

Additional Metrics

• ATR: 25.27,
• VOLMA: 79M.

Overall Rating

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

Key Insights Summary

The SPY daily chart currently reflects a market in a corrective phase, with both short-term and intermediate-term trends turning bearish as indicated by the swing pivot DTrend and the downtrending 5, 10, 20, and 55-day moving averages. Price is trading below key intermediate-term benchmarks, and recent swing pivots show lower highs and lower lows, confirming downside momentum. However, the long-term structure remains bullish, supported by the 100 and 200-day moving averages still in uptrends, suggesting the broader uptrend is intact despite the current pullback. Volatility, as measured by ATR, is elevated, and volume remains robust, indicating active participation during this retracement. Key support levels to watch are 671.20 and 650.85, while resistance is overhead at 697.14 and 697.84. The market is in a consolidation-to-corrective mode, with potential for further downside in the short to intermediate term, but the long-term trend bias remains upward unless major support levels are breached.