EBR:SPA • BE0003798155
We assign a technical rating of 10 out of 10 to SPA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPA is showing a nice and steady performance.
Besides having an excellent technical rating, SPA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 278.01. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
215.08
When analyzing the support we can see 5 important areas.
When analyzing the resistance we notice one important area.
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 SPA.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPA.BR is up. |
| ChartMill Relative Strength | 91.25 | POSITIVE | SPA.BR has a high relative strength, it outperformed 91.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPA.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPA.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPA.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56 | NEUTRAL | The RSI value for SPA.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.65 | NEGATIVE | The MACD value suggests SPA.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for SPA.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for SPA.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for SPA.BR suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 278.02 | 253.99 | 24.03 (8.64%) | 11.57% |
| An entry @278.02. This is a Buy Stop order right above the resistance zone. | An exit @253.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 24.03 points, which is 8.64%. | When investing 11.57% of your capital in this trade, your total portfolio risk will be 1.00%. |
EBR:SPA (3/4/2026, 7:00:00 PM)
270
+2 (+0.75%)
ChartMill assigns a technical rating of 10 / 10 to SPA.BR.
The current trend direction for SPADEL SA (SPA.BR) is Bullish.
SPADEL SA (SPA.BR) has an RSI value of 55.9997. This indicates that the stock is currently neutral.
The short term momentum for SPADEL SA (SPA.BR) is positive.
The buy/sell signal for SPADEL SA (SPA.BR) is buy as both the short term and long term trends are positive.