SPY Technical Analysis - September 11, 2025

15-Minute Chart Analysis

Current Price: 656.74

Recent High/Low: High 657.12, Low 656.00

Bollinger Bands:

• Upper Band: 658.76
• Middle (20 SMA): 654.05
• Lower Band: 649.33

Volume: 85.25K

Indicators:

• Stochastic (14, 1, 3): %K : 89.67
• MACD (12, 26, 9): 1.40
• RSI (14): 69.06

Short-Term Support & Resistance:

• Support: 650.00
• Resistance: 658.00

Daily Chart Analysis

Current Price: 656.75

Bollinger Bands:

• Upper Band: 655.06
• Middle Band: 645.36
• Lower Band: 635.66

• 20-day SMA: 645.36
• 50-day SMA: 640.00
• 200-day SMA: 630.00

Indicators:

• MACD: 4.64
• Stochastic Oscillator: %K = 87.18, %D = 74.42
• RSI (14): 67.41

Summary and Intraday Forecast

Bias: Bullish

Likely Scenario by End of Trading Day: With the current bullish momentum and strong indicators, it is likely the SPY will attempt to breach the resistance level of 658.00. The overbought RSI may suggest caution, but upward pressure seems strong.

Key Levels to Watch:

• Immediate support: 650.00
• Resistance: 658.00