ANY Technical Analysis - SPHERE 3D CORP

Technical Rating and Analysis

Overall ANY gets a technical rating of 7 out of 10. In the last year, ANY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Both the short term and long term trends are positive. This is a very positive sign.

ANY has an average volume of 1069180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, ANY outperforms 58% of them, which is more or less in line with the market.

ANY is an average performer in the Software industry, it outperforms 64% of 282 stocks in the same industry.

ANY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANY is lagging the market.

In the last month ANY has a been trading in the 0.65 - 1.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although ANY has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.52

0.88

When analyzing the support we can see 3 important areas.

Support @0.79 from a trend line in the daily time frame.
Support @0.55 from a trend line in the daily time frame.
Support @0.53 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for ANY is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ANY is up.
ChartMill Relative Strength	58.67	NEUTRAL	ANY is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ANY is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ANY is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of ANY is above a declining SMA(200).
Relative Strength Index/RSI (14)	53.66	NEUTRAL	The RSI value for ANY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests ANY has a positive trend, although the MACD value is declining.
Stochastics (14,3)	61.63	NEUTRAL	The Stochastics value for ANY is a neutral value.
Average True Range in percent/ATR (20)	11.03	HIGH VOLATILITY	The high ATR as a percentage value for ANY suggests high volalility.
Average Directional Index/ADX (14)	52.69	POSITIVE	The high ADX value value for ANY suggests a strong trend.