SPECTRUM BRANDS HOLDINGS INC (SPB) Stock Technical Analysis
NYSE:SPB - New York Stock Exchange, Inc. - US84790A1051 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SPB. SPB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% of all other stocks performed better in the past year than SPB.
SPB is one of the lesser performing stocks in the Household Products industry. 109% of 12 stocks in the same industry do better.
SPB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SPB has a been trading in the 51.77 - 59.83 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SPB is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
51.20
95.75
When analyzing the support we can see 2 important areas.
- A support zone ranging from 55.39 to 55.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 51.72 to 51.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 59.66 to 59.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @94.80 from a horizontal line in the weekly 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 SPB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPB is neutral. |
| ChartMill Relative Strength | 10.39 | NEGATIVE | SPB has a low relative strength, it was outperformed by 89.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.3 | NEUTRAL | The RSI value for SPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests SPB has a positive trend. |
| Stochastics (14,3) | 79.31 | NEUTRAL | The Stochastics value for SPB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SPB suggests some volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for SPB 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)
59.65
+1.41 (+2.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg2.42%
1 Week8.4%
2 Weeks5.09%
1 Month13.86%
3 Month-4.88%
6 Month-29%
12 Month-30.64%
2 Year-23.93%
3 Year-14.22%
5 Year10.14%
10 Year-90.99%
15 Year-67.09%
Volatility
ATR(14)1.69
ATR(20)%2.82%
ATR Inc29.23%
Range Today1.1
ADR(20)1.59
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.39
Mansfield-2.94
10 Day High59.83
10 Day Low54.11
20 Day High59.83
20 Day Low51.78
52 Week High96.62
52 Week Low50.73
CS1 End55.73
CR1 Start59.66
Volume & EV
DER(3)-0.75%
DER(5)-0.26%
Volume728.40K
Volume Incr-34.93%
Vol(5)504.50K
Vol(50)650.98K