SPY SPDR S&P 500 Daily Chart Analysis: 2026-May-06 07:07 CT

Price Action

• Last: 723.77,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

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

MSFG Month May

• 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 725.04,
• 4. Pvt. Next: Pvt Low 713.66,
• 5. Levels R: 725.04,
• 6. Levels S: 629.28, 619.29, 618.05, 591.89, 575.60.

Daily Benchmarks

• (Short-Term) 5 Day: 716.12 Up Trend,
• (Short-Term) 10 Day: 713.34 Up Trend,
• (Intermediate-Term) 20 Day: 701.45 Up Trend,
• (Intermediate-Term) 55 Day: 687.88 Up Trend,
• (Long-Term) 100 Day: 684.13 Up Trend,
• (Long-Term) 200 Day: 671.39 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

SPY is in a strong breakout phase with a fast upside momentum leg that has pushed price well above all benchmark moving averages, confirming aligned bullish structure across short, intermediate, and long timeframes. The daily swing pivot trend is UTrend, with the most recent pivot high at 725.04 and the next downside pivot reference at 713.66, showing an active trend extension after a steep recovery from the April selloff. The benchmark stack is firmly bullish, with the 5/10/20/55/100/200-day averages all trending up and price trading above each one. The chart also shows price reclaiming and accelerating through the May monthly zone, while the prior April fib box remains a reference area below current trade. Volatility remains elevated, but the dominant theme is continuation strength, higher highs, and a clean trending structure.