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 2 out of 10 to SPB. Recently some decent action could be observed, but in the medium term time frame this is still negative. SPB was also a bad performer in the overall market in the last year.
89% 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 52.24 - 60.46 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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. 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
51.20
95.75
2 important support areas can be observed.
- A support zone ranging from 55.76 to 57.13. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 60.28 to 60.28. 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 | UP | POSITIVE | The short term trend for SPB is up. |
| ChartMill Relative Strength | 11.35 | NEGATIVE | SPB has a low relative strength, it was outperformed by 88.65% 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) | 64.85 | NEUTRAL | The RSI value for SPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests SPB has a positive trend. |
| Stochastics (14,3) | 95.9 | OVERBOUGHT | The high Stochastics value suggests SPB may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SPB suggests some volalility. |
| Average Directional Index/ADX (14) | 23.14 | 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)
60.27
+0.75 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryHousehold Products
Performance
% Chg1.26%
1 Week7.49%
2 Weeks4.69%
1 Month12.93%
3 Month-3.89%
6 Month-28.27%
12 Month-29.92%
2 Year-23.13%
3 Year-13.33%
5 Year11.28%
10 Year-90.9%
15 Year-66.75%
Volatility
ATR(14)1.67
ATR(20)%2.81%
ATR Inc-12.78%
Range Today1.8
ADR(20)1.62
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.35
Mansfield-2.9
10 Day High60.46
10 Day Low54.11
20 Day High60.46
20 Day Low52.24
52 Week High96.62
52 Week Low50.73
CS1 End57.13
CR1 Start60.28
Volume & EV
DER(3)-1.1%
DER(5)-0.92%
Volume446.30K
Volume Incr-20.21%
Vol(5)575.02K
Vol(50)645.94K