SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Feb-23 07:12 CT

Price Action

• Last: 686.63,
• Bars: Medium,
• Mom: Momentum 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 686.63,
• 4. Pvt. Next: Pvt low 640.88,
• 5. Levels R: 686.63, 680.62,
• 6. Levels S: 640.88, 590.89, 580.65, 505.05, 493.86, 409.21.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 683.43 Up Trend,
• (Intermediate-Term) 10 Week: 663.63 Up Trend,
• (Long-Term) 20 Week: 640.92 Up Trend,
• (Long-Term) 55 Week: 580.65 Up Trend,
• (Long-Term) 100 Week: 511.22 Up Trend,
• (Long-Term) 200 Week: 409.21 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart continues to show a strong bullish structure across all timeframes, with price action maintaining higher highs and higher lows. The most recent swing pivot has established a new high at 686.63, with the next significant support at 640.88. All benchmark moving averages are trending upward, confirming the underlying strength and momentum of the market. The neutral bias in the session fib grids suggests a period of consolidation or digestion at these elevated levels, but the prevailing uptrend remains intact. Resistance is clustered near the recent highs, while multiple layers of support below provide a cushion against deeper pullbacks. The overall technical landscape favors trend continuation, with no immediate signs of reversal or exhaustion. This environment is characterized by steady momentum, constructive pullbacks, and a lack of significant volatility spikes, which is typical of a mature, trending market.