SPECTRUM BRANDS HOLDINGS INC (SPB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SPB - US84790A1051 - Common Stock
Overall SPB gets a technical rating of 7 out of 10. Although SPB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, SPB is a bad performer in the overall market: 77% of all stocks are doing better.
- The long and short term trends are both positive. This is looking good!
- SPB is part of the Household Products industry. There are 12 other stocks in this industry, SPB did better than 45% of them.
- SPB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPB is lagging the market.
- In the last month SPB has a been trading in the 58.79 - 65.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPB has an excellent technical rating, but the quality of the setup is only medium 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
51.21
4 important support areas can be observed.
- A support zone ranging from 61.48 to 61.51. 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 58.91 to 59.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.97 from a horizontal line in the daily time frame.
- Strong support @51.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 64.76 to 64.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SPB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPB is up. |
| ChartMill Relative Strength | 23.96 | NEGATIVE | SPB has a low relative strength, it was outperformed by 76.04% 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) | UP | POSITIVE | The current price of SPB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.21 | NEUTRAL | The RSI value for SPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SPB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.07 | NEUTRAL | The Stochastics value for SPB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SPB suggests some volalility. |
| Average Directional Index/ADX (14) | 30.19 | POSITIVE | The high ADX value value for SPB suggests a strong trend. |
61.93
-1.54 (-2.43%)
SPECTRUM BRANDS HOLDINGS INC / SPB FAQ
Can you provide the ChartMill technical rating for SPECTRUM BRANDS HOLDINGS INC?
ChartMill assigns a technical rating of 7 / 10 to SPB.
What is the trend direction for SPB stock?
The current trend direction for SPECTRUM BRANDS HOLDINGS INC (SPB) is Bullish.
What is the RSI signal for SPB stock?
SPECTRUM BRANDS HOLDINGS INC (SPB) has an RSI value of 53.2057. This indicates that the stock is currently neutral.
What is the short term momentum for SPECTRUM BRANDS HOLDINGS INC (SPB) stock?
The short term momentum for SPECTRUM BRANDS HOLDINGS INC (SPB) is positive.
Can you provide the support and resistance levels for SPECTRUM BRANDS HOLDINGS INC?
SPECTRUM BRANDS HOLDINGS INC (SPB) has a support level at 61.51 and a resistance level at 64.76. Check the full technical report for our detailed analysis of SPB support and resistance levels.