SPECTRUM BRANDS HOLDINGS INC (SPB) Stock Technical Analysis
USA - NYSE:SPB - US84790A1051 - Common Stock
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 technical rating of SPB is bad and it also does not present a quality setup 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
51.06
When analyzing the resistance we notice 4 important areas.
- Resistance @51.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 53.14 to 56.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @57.32 from a horizontal line in the daily time frame.
- 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 | 10.95 | NEGATIVE | SPB has a low relative strength, it was outperformed by 89.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPB is below 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) | 38.27 | NEUTRAL | The RSI value for SPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests SPB has a negative trend. |
| Stochastics (14,3) | 18.14 | OVERSOLD | The low Stochastics value suggests SPB may be oversold. |
| 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) | 12.04 | NEGATIVE | The low ADX value for SPB suggests a weak or negative trend. |
51.58
-1.92 (-3.59%)
SPECTRUM BRANDS HOLDINGS INC / SPB FAQ
Can you provide the ChartMill technical rating for SPECTRUM BRANDS HOLDINGS INC?
ChartMill assigns a technical rating of 1 / 10 to SPB.
What is the current trend direction of SPECTRUM BRANDS HOLDINGS INC (SPB) stock?
The current trend direction for SPECTRUM BRANDS HOLDINGS INC (SPB) is Bearish.
What is the RSI signal for SPB stock?
SPECTRUM BRANDS HOLDINGS INC (SPB) has an RSI value of 38.2697. This indicates that the stock is currently neutral.
What is the short term momentum for SPB stock?
The short term momentum for SPECTRUM BRANDS HOLDINGS INC (SPB) is neutral.