Advertisement

Loading...

S&P Biotechnology Select Industry Index

^SPSIBI•INDEX
$10124.94
$840.64(9.05%)
U.S. Market is Open • 12:20

S&P Biotechnology Select Industry Index (^SPSIBI) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^SPSIBI Technical Analysis Summary

S&P Biotechnology Select Industry Index index currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.81)
Trend Strength:Moderate (ADX: 22.39)
Volatility:Medium (ATR: 289.51)
Support/Resistance:$9221.66 – $10051.42 (Bollinger Bands)

Overall, S&P Biotechnology Select Industry Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 56.81

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 38.22

Bearish
Momentum remains weak below midpoint.

Williams %R: -1.98

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.00

Neutral
Price change is minimal.

Takeaway:S&P Biotechnology Select Industry Index shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -57.87

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.39

Moderate
Moderate trend, direction gaining strength.

ATR (14): 289.51

Rising
Rising volatility, market activity increasing.

CCI (14): 123.55

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:S&P Biotechnology Select Industry Index shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10051.42
Middle Band (SMA 20)
$9636.54
Lower Band
$9221.66
Current Position
Above Upper Band

Takeaway:S&P Biotechnology Select Industry Index trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$10205.73
Middle Line (EMA 20)
$9626.71
Lower Channel
$9047.68
Squeeze Status
Squeeze On

Takeaway:S&P Biotechnology Select Industry Index trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.07Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^SPSIBI shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of S&P Biotechnology Select Industry Index, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for S&P Biotechnology Select Industry Index are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ