S&P 500 (SPY) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SPY · data as of Jul 31, 2026. The chart above is live; the read below updates daily.

$747.03last close · Jul 31, 202652-week range $619.29$760.40 · 1.76% below the high
Symmetrical Triangle · playing out now

SPY is breaking down from a symmetrical triangle — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 49% of the time.

As long as price stays below $755.6, it's in play — a daily close back above there calls it off.

The move's natural target sits near $714.0.

SPY Triangle Pattern

SPY is currently forming a triangle on the daily timeframe. Detected Jul 31, 2026.

DirectionBearishTarget$714.02Projected move−4.5%Breakout level$746.40

New to this pattern? What a triangle is and how to trade it →

How Triangles Have Performed

Win rate
51.8%
Avg return
+0.35R
Backtested trades
9,960
SPY win rate
46.7%

Historical pattern statistics (2006-07-31 – 2026-07-31), not a prediction.

How these backtests work →

SPY Pattern Trade History

Every completed pattern trade our nightly backtest found on SPY's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJun 5, 2026 @ $750.55Jun 9, 2026 @ $732.20Win+1.86R
TriangleMar 5, 2026 @ $677.43Mar 19, 2026 @ $661.15Win+1.00R
TriangleFeb 27, 2026 @ $683.09Mar 9, 2026 @ $668.30Win+1.40R
Rising WedgeJan 20, 2026 @ $681.49Mar 19, 2026 @ $660.21Win+1.46R
Rising WedgeSep 11, 2025 @ $655.94Oct 10, 2025 @ $653.02Loss-0.14R
Rising WedgeJun 25, 2025 @ $608.44Jul 15, 2025 @ $622.14Win+0.83R
Falling WedgeJan 17, 2025 @ $596.96Mar 6, 2025 @ $572.71Loss-1.12R
Rising WedgeOct 22, 2024 @ $581.05Nov 6, 2024 @ $591.04Loss-1.97R
Rising WedgeSep 19, 2024 @ $571.01Dec 10, 2024 @ $602.80Win+1.01R
Rising WedgeMar 14, 2024 @ $514.09Mar 20, 2024 @ $520.48Loss-1.55R
Rising WedgeAug 2, 2023 @ $453.25Aug 16, 2023 @ $441.82Win+1.85R
Rising WedgeJun 2, 2023 @ $424.50Jun 23, 2023 @ $433.21Win+0.60R

Recent Triangles on Other Charts

BBYhit target +6.8%Jul 31, 2026GDhit target +8.4%Jul 31, 2026SYKhit target +3.6%Jul 31, 2026EFAstopped −3.4%Jul 30, 2026

Learn about triangle

SPY Support and Resistance Levels

Price is being turned away at a ceiling near $747.97 and starting to slide. On the weekly chart, the next floor below sits near $679.37 — about 9% away.

  • Traders commonly watch $679.37 as a target (its 61.8% 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 $747.97 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

SPY Recent Daily Prices

DateOpenHighLowClose
Jul 31, 2026$744.68$748.90$737.68$747.03
Jul 30, 2026$736.05$742.45$734.59$741.69
Jul 29, 2026$739.97$742.68$729.10$729.46
Jul 28, 2026$739.19$742.79$735.98$740.86
Jul 27, 2026$744.91$745.53$735.87$739.09
Jul 24, 2026$738.51$743.72$737.29$738.93
Jul 23, 2026$739.37$742.56$735.21$738.18
Jul 22, 2026$746.62$750.02$746.37$747.41
Jul 21, 2026$746.29$749.04$744.18$748.28
Jul 20, 2026$747.06$748.73$741.51$742.09

SPY Frequently Asked Questions

What chart pattern is SPY forming right now?
As of Jul 31, 2026, TradingPal's detector identifies a triangle on S&P 500 (SPY) on the daily chart, with a measured-move target of $714.02.
Is a triangle bullish or bearish?
The triangle detected on SPY is a bearish pattern, projecting a measured-move target of $714.02. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (9,960 trades over 631 symbols), it resolved in the expected direction 51.8% of the time with an average of +0.35R. These are historical statistics, not a prediction.
What is the price target if SPY's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $714.02 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SPY's closing price on Jul 31, 2026?
S&P 500 (SPY) last closed at $747.03 on Jul 31, 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.