SPY SPDR S&P 500 Daily Chart Analysis: 2026-May-12 07:07 CT

Price Action

• Last: 739.30,
• 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 740.79,
• 4. Pvt. Next: Pvt Low 729.87,
• 5. Levels R: 740.79,
• 6. Levels S: 629.28, 619.29, 618.05, 591.89, 575.60.

Daily Benchmarks

• (Short-Term) 5 Day: 728.96 Up Trend,
• (Short-Term) 10 Day: 722.26 Up Trend,
• (Intermediate-Term) 20 Day: 713.06 Up Trend,
• (Intermediate-Term) 55 Day: 693.84 Up Trend,
• (Long-Term) 100 Day: 685.98 Up Trend,
• (Long-Term) 200 Day: 673.43 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 impulsive advance with price pressing near the upper end of the recent swing structure and holding well above all benchmark moving averages. The pivot framework remains in UTrend, with higher highs and higher lows confirming a persistent upside sequence after the April selloff and V-shaped recovery. The current move has expanded sharply through the 20, 55, 100, and 200-day averages, placing the tape in a trend-extension phase rather than a consolidation phase. Momentum is fast, bar expansion is large, and volume activity is elevated enough to support the breakout structure. From a swing-trader perspective, the chart shows a clean trend continuation with the recent monthly session fib zone acting as a launch area and the market now operating in price discovery near prior resistance.