Spartan Motors Inc (SPAR) Stock Technical Analysis
NASDAQ:SPAR - Nasdaq -
We assign a technical rating of 10 out of 10 to SPAR. SPAR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 SPAR is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, SPAR also shows a nice and consistent pattern of rising prices.
SPAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPAR is performing more or less in line with the market.
In the last month SPAR has a been trading in the 12.86 - 18.06 range, which is quite wide. It is currently trading near the high of this range.
Although SPAR has an excellent technical rating, the quality of the presented setup is not ideal 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
11.06
17.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.76 to 15.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.87 to 15.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.17 to 11.17. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @17.09 from a horizontal line in the weekly time frame.
- Resistance @17.64 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.14
Mansfield1.64
10 Day High18.06
10 Day Low15.3
20 Day High18.06
20 Day Low12.86
52 Week High20.7
52 Week Low8.45
Performance
1 Week8.38%
2 Weeks10.34%
1 Month21.22%
3 Month15.8%
6 Month-3.77%
12 Month97.91%
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)0.06
RSI(14)60.59
LBB15.13
UBB17.75
17.08
-0.07 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.41%
1 Week8.38%
2 Weeks10.34%
1 Month21.22%
3 Month15.8%
6 Month-3.77%
12 Month97.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%5.77%
ATR Inc-22.04%
Range Today0.63
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.14
Mansfield1.64
10 Day High18.06
10 Day Low15.3
20 Day High18.06
20 Day Low12.86
52 Week High20.7
52 Week Low8.45
CS1 End15.99
CR1 Start17.09
Volume & EV
DER(3)0.52%
DER(5)2.26%
Volume376.10K
Volume Incr3.66%
Vol(5)343.16K
Vol(50)350.77K