Should you buy SPY ETF?
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Based on market data through , StockInvest.us rates SPDR S&P 500 ETF (SPY) as Hold/Accumulate with a technical score of 0.00 on its -10 to +10 scale. This is a downgrade from Buy in the previous daily evaluation.
- Hold signal since
- Price since signal Up 4.23%
- 3-month trend forecast Up 1.59%
- Easy Tracking In The Watchlist
SPDR S&P 500 ETF downgraded from Buy Candidate to Hold/Accumulate after Monday trading session
(Market data through Aug 10, 2026)
The SPDR S&P 500 ETF price fell by -0.0297% on the last day (Monday, 10th Aug 2026) from $773.26 to $773.03. During the last trading day the ETF fluctuated 0.407% from a day low at $771.89 to a day high of $775.03. The price has risen in 6 of the last 10 days and is up by 4.59% over the past 2 weeks. Volume has increased on the last day by 32 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 32 million shares were bought and sold for approximately $24.70 billion.
The ETFis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $773.45 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect SPDR S&P 500 ETF with a 90% probability to be traded between $742.61 and $785.72 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
SPY Signals & Forecast
The SPDR S&P 500 ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $765.81 and $748.04. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, August 07, 2026, and so far it has fallen -0.0297%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Thursday, July 30, 2026 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star
The ETF had a Golden Star Signal on Thursday, July 30, 2026 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for SPDR S&P 500 ETF
SPDR S&P 500 finds support from accumulated volume at $738.18 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 $3.14 between high and low, or 0.407%. For the last week the ETF has had daily average volatility of 0.84%.
Our recommended stop-loss: $752.38 (-2.67%) (This ETF has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (SPY) For The Upcoming Trading Day Of Tuesday 11th
For the upcoming trading day on Tuesday, 11th we expect SPDR S&P 500 ETF to open at $773.32, and during the day (based on 14 day Average True Range), to move between $768.85 and $777.21, which gives a possible trading interval of +/-$8.36 (+/-1.09%) up or down from last closing price. If SPDR S&P 500 ETF takes out the full calculated possible swing range there will be an estimated 1.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $773.26 (0.03%) than the support at $738.18 (4.51%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is SPDR S&P 500 ETF ETF A Buy?
SPDR S&P 500 holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold candidate.
Current score:
0.000
Hold/Accumulate
Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Fair Opening Price
Predicted fair opening price on August 11, 2026 - $773.32 ( 0.0371%).
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SPY Performance
Trading levels for SPY
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 776.46 | 0.443% |
| R2 | 775.26 | 0.288% |
| R1 | 774.52 | 0.192% |
| Price | 773.03 | |
| S1 | 772.12 | -0.118% |
| S2 | 771.38 | -0.214% |
| S3 | 770.18 | -0.369% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 773.26 | 0.0298% |
| Price | 773.03 | |
| S1 | 738.18 | -4.51% |
| S2 | 737.55 | -4.59% |
| S3 | 737.11 | -4.65% |
SPY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 18, 2026 | Jun 18, 2026 | Jul 31, 2026 | $1.90 | 0.255% |
| 2 | Mar 20, 2026 | Mar 20, 2026 | Apr 30, 2026 | $1.80 | 0.277% |
| 3 | Dec 19, 2025 | Dec 19, 2025 | Jan 30, 2026 | $1.99 | 0.291% |
| 4 | Sep 19, 2025 | Sep 19, 2025 | Oct 31, 2025 | $1.83 | 0.276% |
| 5 | Jun 20, 2025 | Jun 20, 2025 | Jul 31, 2025 | $1.76 | 0.279% |
FAQ
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