SPADEL SA (SPA.BR) Stock Technical Analysis
Europe - Euronext Brussels - EBR:SPA - BE0003798155 - Common Stock
We assign a technical rating of 8 out of 10 to SPA. Both in the recent history as in the last year, SPA has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 very little resistance above the current price. There is a support zone below the current price at 229.50, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
194.04
We found 5 important support areas.
- A support zone ranging from 225.82 to 229.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 220.00 to 220.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @209.00 from a trend line in the weekly time frame.
- Support @202.00 from a horizontal line in the daily time frame.
- A support zone ranging from 196.00 to 196.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @237.68 from a trend line in the daily time frame.
- Resistance @254.01 from a horizontal 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 | 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 | 74.79 | POSITIVE | SPA.BR has a high relative strength, it outperformed 74.79% 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) | DOWN | NEGATIVE | The current price of SPA.BR is below a declining 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) | 50 | NEUTRAL | The RSI value for SPA.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SPA.BR has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for SPA.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for SPA.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 14.98 | 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 |
|---|---|---|---|
| 232.01 | 225.99 | 6.02 (2.59%) | 25.00% |
| An entry @232.01. This is a Buy Stop order right above the 10 day moving average. | An exit @225.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.02 points, which is 2.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPA. Please evaluate whether better entry and exit points can be found.
- 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.
EBR:SPA (12/19/2025, 7:00:00 PM)
230
0 (0%)
SPADEL SA / SPA.BR FAQ
What is the ChartMill technical rating of SPADEL SA (SPA.BR) stock?
ChartMill assigns a technical rating of 8 / 10 to SPA.BR.
Can you provide the trend direction for SPADEL SA?
The current trend direction for SPADEL SA (SPA.BR) is Bullish.
Can you provide the RSI signal for SPADEL SA?
SPADEL SA (SPA.BR) has an RSI value of 49.9984. This indicates that the stock is currently neutral.
What is the MACD signal for SPA stock?
The MACD indicator for SPADEL SA (SPA.BR) has a value of -0.0809647, indicating a bearish trend.
Can you provide the buy/sell signal for SPADEL SA?
The buy/sell signal for SPADEL SA (SPA.BR) is buy as both the short term and long term trends are positive.