SPDR S&P 500 ETF upgraded from Hold/Accumulate to Buy Candidate after Thursday trading session

The SPDR S&P 500 ETF price gained 0.755% on the last trading day (Thursday, 18th Dec 2025), rising from $671.40 to $676.47. During the last trading day the ETF fluctuated 0.86% from a day low at $674.90 to a day high of $680.72. The price has fallen in 6 of the last 10 days and is down by -1.16% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 107 million shares were bought and sold for approximately $72.71 billion.

The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the ETF is expected to rise 2.61% during the next 3 months and, with a 90% probability hold a price between $675.04 and $715.39 at the end of this 3-month period.

The SPDR S&P 500 ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $680.87 and $676.73. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, December 11, 2025, and so far it has fallen -1.83%. Further fall is indicated until a new bottom pivot has been found. Some positive signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

SPDR S&P 500 finds support from accumulated volume at $659.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $5.82 between high and low, or 0.86%. For the last week the ETF has had daily average volatility of 1.13%.

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Buy candidate.