Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
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SPY

$757.83 -0.60% Sep 10 close
Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

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Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$SPY

etf Stage 2 · Advancing Base 1
$757.83 latest close
Verdict · setup score 0/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Price $757.83 -0.6% Sep 10 close
52W High $779.37 2.8% below high
Wks Since High 3w
Base Depth 2.6% 2.9% today
RS Rank 22 percentile of scan
SMA 50 $758.25
Avg Vol 41,235,634
Rel Vol (Sep 10) 1.01×
More stats
52W Low $629.28
Tight Wks 9
Base B1
SMA 200 $713.71
RS Line vs High +0.0%
RS Line Slope +0.0%
ADR% 0.6%
ATR(14) $5.36 (0.7%)
Vol Pace (live) N/A
U/D Vol 0.30
A/D Days 15A / 21D
A/D Rating E
VDU Bars 0/10 d
Position in 52-week range 86thpercentile of the 52-week range
$629.28low
$779.37high

SPY Chart

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Technical Analysis Report Card

$SPY · $757.83 · as of 2026-09-10 · multi-factor read
40
/ 100
Technicals 40/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▬ Sideways / consolidating
Monthly ▲ Uptrend

Moving Averages

50-day$758.25 ↓
100-day$747.06 ↑
200-day$713.71 ↑
Bullish (50 > 200)

RSI (14)

Reading44.1 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateWeakening
Histogram-1.611

Weakening — MACD slipped below its signal line. Histogram contracting.

Bollinger Bands (20,2)

%B / Width2% · 2.6%
Squeeze — volatility compressing

Near the lower band — under pressure or oversold. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.

Volume · Buyer vs Seller

Up/Down vol0.3 · Distribution
Rel volume1.01×

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.

Support & Resistance

R · $777.7252-week high
Price · $757.83now
S · $739.51swing level
S · $730.32swing level
S · $719.59swing level

Fibonacci · Uptrend swing

23.6%$743.95
38.2%$722.04
50.0%$704.33
61.8%$686.61
78.6%$661.40

Retracement support zones measured from the recent swing low up to the high.

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Monthly uptrendAbove 200-day MA50/200 bullishVolume distributionRS 31 (laggard)
Want this read in a legend's voice? Ask a Legend about SPY
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 4 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
Minervini C

Trend-template read: fails Price > 50-day MA.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $757.83, MA150 $723.04, MA200 $713.71
1.2 150-day MA > 200-day MAMA150 $723.04 vs MA200 $713.71
Failing evidence
1.5 Price > 50-day MAPrice $757.83 vs MA50 $758.25
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 31
5/8 checks
Avoid
O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high2.8% below high | RS line new high: True
S: Base tightness (ATR% ≤ 4.5%)ATR% 0.71%
Failing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 31
C: Quarterly EPS acceleration ≥ 25%Data unavailable
2/8 checks
Watch
Weinstein D

Stage-analysis read: Stage 2 is present; 3 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $757.83 vs MA200 $713.71
Failing evidence
Volume expansion above averageVolume ratio 1.01x
Relative strength ≥ 60RS 31
3/6 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$757.83
Distance from 52-week high2.8% below high
Failing evidence
Relative strengthRS 31
Volume vs average1.01x
3/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$757.83
Distance from 52-week high2.8% below high
Failing evidence
Relative strengthRS 31
Volume vs average1.01x
3/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$757.83
Distance from 52-week high2.8% below high
Failing evidence
Relative strengthRS 31
Volume vs average1.01x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH NH
NH100RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -6 E
A: 11 D: 17 Net: -665 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
Revenue growth ≥20% YoY
Gross margin ≥30%
ROE ≥17%
RS rating ≥80 (leadership) 31
Stage 2 uptrend (Weinstein) Stage 2
Within 25% of 52W high -2.8%

Method Playbook

Trade it like Wyckoff EXACT LEVELS · PRO
Wyckoff B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the Spring/test, Sign of Strength, creek, or Last Point of Support boundary identified by the active structure.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a completed test or Sign of Strength/Last Point of Support confirmation with improving demand versus supply.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the Spring/test low or structural support whose failure would invalidate the accumulation read.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Raise protection beneath successive Last Points of Support or meaningful higher lows during markup; never loosen it.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on a failed Sign of Strength, support loss, or clear supply-dominant reversal such as an upthrust failure.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

0 setup score
RS Score 31
Trend template 5/8
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • A relative-strength leader — not met RS rank 22 — laggard
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • Clear of earnings — partly met Report date unknown
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.0× average — light
  • In a confirmed uptrend — met Stage 2 · Trend template 5/8
Why these seven? → The Universal Edge

Minervini Trend Template

5/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $757.83 vs SMA150 $723.04 / SMA200 $713.71
SMA 150 above SMA 200 SMA150 $723.04 vs SMA200 $713.71
SMA 200 trending up Slope +9.21 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $758.25
Price above SMA 50 $757.83 vs SMA50 $758.25
30%+ above 52-week low +20.4% from $629.28
Within 25% of 52-week high -2.8% from $779.37
RS score above 70 RS 31

Company

Company profile
SPY
SPY

Scan History

20× streak
Sep 09: 74 (Trend Only)Sep 10: 78 (Trend Only)Sep 11: 0 (watchlist_candidate)0
Sep 11
watchlist_candidate
0
Sep 10
Trend Only ✓ Gate
78 0.0%
Sep 09
Trend Only ✓ Gate
74 -0.6%

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