Auto-detected technical analysis for SPY · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$746.77last close · Jun 30, 2026
SPY rising wedge pattern
SPY is currently forming a Rising Wedge on the daily timeframe. Detected Jun 30, 2026.
A Rising Wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $732.20 (−2.9%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R.
SPY's most recent completed Rising Wedge resolved as a win: it broke down on Jun 5, 2026 near $737.55, then reached its target at $732.20 on Jun 9, 2026 — a +0.23R move (0.7%) over 2 sessions. Across 127 backtested rising wedges, this setup wins 52.0% of the time.
OutcomeWinResult+0.23REntry$737.55Exit$732.20
How rising wedges have performed
Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.
SPY support and resistance levels
Price was turned away at a ceiling near $763.97 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $653.97 — still about 12% away.
Traders commonly watch $653.97 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on yet — the spot to watch is right at the $763.97 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.
Nearest auto-detected support sits near $659.72, resistance near $755.14. These are chart/swing-derived levels, not formula pivots.
Resistance
$755.14$804.85$814.67$850.91$854.79
Support
$659.72
SPY recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$741.29
$748.02
$740.89
$746.77
Jun 29, 2026
$736.53
$741.56
$732.09
$741.00
Jun 26, 2026
$728.95
$736.53
$716.58
$728.99
Jun 25, 2026
$738.91
$739.37
$729.60
$734.30
Jun 24, 2026
$735.17
$739.95
$730.84
$733.24
Jun 23, 2026
$733.81
$739.63
$732.30
$733.58
Jun 22, 2026
$747.70
$750.18
$743.13
$744.39
Jun 18, 2026
$747.76
$748.23
$743.86
$746.74
Jun 17, 2026
$751.29
$752.15
$739.22
$740.96
Jun 16, 2026
$754.55
$755.44
$749.88
$750.33
SPY frequently asked questions
What chart pattern is SPY forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Rising Wedge on S&P 500 (SPY) on the daily chart, with a measured-move target of $732.20.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on SPY is a bearish pattern, projecting a measured-move target of $732.20. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Rising Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Rising Wedge family (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for SPY?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), SPY's nearest support is around $659.72 and nearest resistance around $755.14.
What is the price target if SPY's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $732.20 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SPY's closing price on Jun 30, 2026?
S&P 500 (SPY) last closed at $746.77 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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