0.88 USD
-0.04 (-4.83%)
0.8766 USD
0 (-0.39%)
We assign a technical rating of 0 out of 10 to SGRP. SGRP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SGRP is a bad performer in the overall market: 94% of all stocks are doing better.
SGRP is one of the lesser performing stocks in the Media industry. 70% of 96 stocks in the same industry do better.
SGRP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SGRP has a been trading in the 0.87 - 1.15 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of SGRP 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
0.87
1.27
4 important resistance areas can be observed.
- A resistance zone ranging from 1.00 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.07 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.17 from a horizontal line in the daily time frame.
- Resistance @1.26 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for SGRP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGRP is down. |
| ChartMill Relative Strength | 6.19 | NEGATIVE | SGRP has a low relative strength, it was outperformed by 93.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGRP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGRP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGRP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.18 | NEUTRAL | The RSI value for SGRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SGRP has a negative trend. |
| Stochastics (14,3) | 13.15 | OVERSOLD | The low Stochastics value suggests SGRP may be oversold. |
| Average True Range in percent/ATR (20) | 7.13 | HIGH VOLATILITY | The high ATR as a percentage value for SGRP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for SGRP suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.88
-0.04 (-4.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-4.83%
1 Week-11.99%
2 Weeks-16.98%
1 Month-16.19%
3 Month-26.05%
6 Month-14.98%
12 Month-60.54%
2 Year-3.4%
3 Year-35.09%
5 Year-6.38%
10 Year-34.33%
15 Year-12%
Volatility
ATR(14)0.06
ATR(20)%7.13%
ATR Inc27.75%
Range Today0.03
ADR(20)0.06
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.19
3 months CRS9.81
6 months CRS15.68
Mansfield-4.01
10 Day High1.08
10 Day Low0.87
20 Day High1.15
20 Day Low0.87
52 Week High2.28
52 Week Low0.87
CS1 EndN/A
CR1 Start1
Volume & EV
DER(3)-22.22%
DER(5)-28.79%
Volume71.40K
Volume Incr62.47%
Vol(5)93.16K
Vol(50)51.62K
SPAR GROUP INC / SGRP FAQ
Can you provide the ChartMill technical rating for SPAR GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to SGRP.
What is the current trend direction of SPAR GROUP INC (SGRP) stock?
The current trend direction for SPAR GROUP INC (SGRP) is Bearish.
What is the RSI signal for SGRP stock?
SPAR GROUP INC (SGRP) has an RSI value of 30.1821. This indicates that the stock is currently neutral.
What is the MACD signal for SPAR GROUP INC (SGRP) stock?
The MACD indicator for SPAR GROUP INC (SGRP) has a value of -0.0146004, indicating a bearish trend.
Can you provide the short term momentum for SPAR GROUP INC?
The short term momentum for SPAR GROUP INC (SGRP) is negative.