Sharpspring Inc (SHSP)

17.1  0 (0%)

Technical Rating and Analysis

10

Overall SHSP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHSP is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SHSP is one of the better performing stocks in the market, outperforming 87% of all stocks.
SHSP is one of the better performing stocks in the Software industry, it outperforms 77% of 277 stocks in the same industry.
SHSP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHSP is lagging the market slightly.
In the last month SHSP has a been trading in a tight range between 16.66 and 17.12.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SHSP Weekly chart
SHSP Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SHSP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.04, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

15.04

17.28

2 important support areas can be observed.

  • A support zone ranging from 16.67 to 17.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.19 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 17.11 to 17.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.33
Mansfield-0.77
10 Day High17.12
10 Day Low16.67
20 Day High17.12
20 Day Low16.67
52 Week High26.78
52 Week Low9.27
Performance
1 Week0.12%
2 Weeks0.65%
1 Month0.77%
3 Month27.99%
6 Month-18.38%
12 Month72.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)68.25
LBB16.92
UBB17.14
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
17.1216.650.47 (2.72%)25.00%
An entry @17.12. This is a Buy Stop order right above the resistance zone.An exit @16.65. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.47 points, which is 2.72%.For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SHSP Daily chart

Sharpspring Inc

NASDAQ:SHSP (9/1/2021, 7:39:55 PM)

17.1

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week0.12%
2 Weeks0.65%
1 Month0.77%
3 Month27.99%
6 Month-18.38%
12 Month72.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%0.49%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.12
10 Day Low16.67
20 Day High17.12
20 Day Low16.67
52 Week High26.78
52 Week Low9.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume132.40K
Volume Incr-35.12%
Vol(5)115.06K
Vol(50)204.84K