ISPIRE TECHNOLOGY INC (ISPR) Stock Technical Analysis
NASDAQ:ISPR • US46501C1009
We assign a technical rating of 0 out of 10 to ISPR. ISPR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ISPR is a bad performer in the overall market: 88% of all stocks are doing better.
- ISPR is one of the lesser performing stocks in the Tobacco industry. 100% of 8 stocks in the same industry do better.
- ISPR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ISPR has a been trading in the 2.08 - 3.87 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of ISPR is bad and it also does not present a 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.
More info and screens
2.08
3 important support areas can be observed.
- Support @2.26 from a horizontal line in the weekly time frame.
- Support @2.15 from a trend line in the daily time frame.
- A support zone ranging from 2.10 to 2.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.25 from a trend line in the daily time frame.
- Resistance @3.47 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ISPR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ISPR is down. |
| ChartMill Relative Strength | 12.38 | NEGATIVE | ISPR has a low relative strength, it was outperformed by 87.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ISPR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ISPR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ISPR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.37 | NEUTRAL | The RSI value for ISPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ISPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.33 | OVERSOLD | The low Stochastics value suggests ISPR may be oversold. |
| Average True Range in percent/ATR (20) | 15.2 | HIGH VOLATILITY | The high ATR as a percentage value for ISPR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.71 | NEUTRAL | The ADX value for ISPR suggests a possible start of a new trend. |
2.35
-0.03 (-1.26%)
ISPIRE TECHNOLOGY INC / ISPR FAQ
What is the ChartMill technical rating of ISPIRE TECHNOLOGY INC (ISPR) stock?
ChartMill assigns a technical rating of 0 / 10 to ISPR.
What is the current trend direction of ISPIRE TECHNOLOGY INC (ISPR) stock?
The current trend direction for ISPIRE TECHNOLOGY INC (ISPR) is Bearish.
Can you provide the RSI signal for ISPIRE TECHNOLOGY INC?
ISPIRE TECHNOLOGY INC (ISPR) has an RSI value of 39.3705. This indicates that the stock is currently neutral.
What is the MACD signal for ISPR stock?
The MACD indicator for ISPIRE TECHNOLOGY INC (ISPR) has a value of -0.105029, indicating a bearish trend.
What is the support and resistance level for ISPR stock?
ISPIRE TECHNOLOGY INC (ISPR) has a support level at 2.26 and a resistance level at 3.25. Check the full technical report for our detailed analysis of ISPR support and resistance levels.