Technical Analysis for SPD - Simplify US Equity PLUS Downside Convexity ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 32.74 | 0.31% | 0.10 |
SPD closed up 0.31 percent on Wednesday, July 3, 2024, on 1.23 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing High | Bullish | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| New 52 Week Closing High | Bullish | 0.31% | |
| Hammer Candlestick | Bullish | 0.88% | |
| 180 Bullish Setup | Bullish Swing Setup | 0.88% | |
| Gapped Up | Strength | 0.88% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | about 10 hours ago |
| 2x Volume Pace | about 10 hours ago |
| 1.5x Volume Pace | about 10 hours ago |
| 3x Volume Pace | about 10 hours ago |
| Gapped Up (Partial) | 2 days ago |
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Basic chart:
The investment seeks to provide capital appreciation. The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds (ETFs). The downside convexity option overlay consists of purchasing exchange-traded and over the counter (OTC) put options on the S&P 500 Index or an S&P 500 Index ETF.
Sector: Other
Industry: Other
Keywords: Exchange Traded Funds Inverse Exchange Traded Fund
Classification
Sector: Other
Industry: Other
Keywords: Exchange Traded Funds Inverse Exchange Traded Fund
Top 10 Components
| Symbol | Grade | Price % Change | Allocation | |
|---|---|---|---|---|
| IVV | A | 0.44 | 99.42 |
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 32.77 |
| 52 Week Low | 25.0725 |
| Average Volume | 24,632 |
| 200-Day Moving Average | 29.19 |
| 50-Day Moving Average | 31.49 |
| 20-Day Moving Average | 32.27 |
| 10-Day Moving Average | 32.46 |
| Average True Range | 0.21 |
| RSI (14) | 71.83 |
| ADX | 38.72 |
| +DI | 41.22 |
| -DI | 9.37 |
| Chandelier Exit (Long, 3 ATRs) | 32.13 |
| Chandelier Exit (Short, 3 ATRs) | 31.76 |
| Upper Bollinger Bands | 32.87 |
| Lower Bollinger Band | 31.67 |
| Percent B (%b) | 0.89 |
| BandWidth | 3.72 |
| MACD Line | 0.31 |
| MACD Signal Line | 0.32 |
| MACD Histogram | -0.0074 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 33.03 | ||||
| Resistance 3 (R3) | 33.00 | 32.89 | 32.98 | ||
| Resistance 2 (R2) | 32.89 | 32.81 | 32.90 | 32.96 | |
| Resistance 1 (R1) | 32.81 | 32.77 | 32.85 | 32.84 | 32.95 |
| Pivot Point | 32.70 | 32.70 | 32.72 | 32.71 | 32.70 |
| Support 1 (S1) | 32.62 | 32.62 | 32.66 | 32.65 | 32.53 |
| Support 2 (S2) | 32.51 | 32.58 | 32.52 | 32.52 | |
| Support 3 (S3) | 32.43 | 32.51 | 32.50 | ||
| Support 4 (S4) | 32.46 |
