SUPERCOM LTD (SPCB) Stock Technical Analysis
NASDAQ:SPCB • IL0010830961
Overall SPCB gets a technical rating of 1 out of 10. SPCB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- When comparing the yearly performance of all stocks, SPCB is a bad performer in the overall market: 75% of all stocks are doing better.
- SPCB is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 65% are performing better than SPCB.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- SPCB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPCB is lagging the market.
- In the last month SPCB has a been trading in the 7.88 - 10.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPCB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for SPCB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.82
When analyzing the support we can see 3 important areas.
- Support @8.25 from a horizontal line in the weekly time frame.
- Support @8.07 from a horizontal line in the daily time frame.
- A support zone ranging from 7.90 to 7.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- Resistance @8.93 from a trend line in the weekly time frame.
- Resistance @9.33 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.49 to 9.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.81 to 9.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.05 from a horizontal line in the daily 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 SPCB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPCB is neutral. |
| ChartMill Relative Strength | 25.07 | NEGATIVE | SPCB has a low relative strength, it was outperformed by 74.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPCB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPCB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.89 | NEUTRAL | The RSI value for SPCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SPCB has a positive trend. |
| Stochastics (14,3) | 40.16 | NEUTRAL | The Stochastics value for SPCB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.23 | HIGH VOLATILITY | The high ATR as a percentage value for SPCB suggests high volalility. |
| Average Directional Index/ADX (14) | 11.13 | NEGATIVE | The low ADX value for SPCB suggests a weak or negative trend. |
8.93
+0.14 (+1.59%)
SUPERCOM LTD / SPCB FAQ
What is the technical rating for SPCB stock?
ChartMill assigns a technical rating of 1 / 10 to SPCB.
Can you provide the trend direction for SUPERCOM LTD?
The current trend direction for SUPERCOM LTD (SPCB) is Bearish.
What is the RSI signal for SUPERCOM LTD (SPCB) stock?
SUPERCOM LTD (SPCB) has an RSI value of 51.8942. This indicates that the stock is currently neutral.
What is the MACD signal for SUPERCOM LTD (SPCB) stock?
The MACD indicator for SUPERCOM LTD (SPCB) has a value of 0.0253715, indicating a bearish trend.
What is the support and resistance level for SPCB stock?
SUPERCOM LTD (SPCB) has a support level at 8.25 and a resistance level at 8.93. Check the full technical report for our detailed analysis of SPCB support and resistance levels.