Taking everything into account, SPCB scores 7 out of 10 in our technical rating. In the last year, SPCB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SPCB is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 83% of 125 stocks in the same industry.
In the last month SPCB has a been trading in the 5.42 - 8.71 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that SPCB is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SPCB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPCB is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.