SUPERCOM LTD (SPCB) Stock Technical Analysis
NASDAQ:SPCB - Nasdaq - IL0010830961 - Common Stock - Currency: USD
Taking everything into account, SPCB scores 8 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SPCB is one of the better performing stocks in the market, outperforming 97% of all stocks.
SPCB is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. SPCB outperforms 91% of them.
In the last month SPCB has a been trading in the 9.23 - 11.18 range, which is quite wide. It is currently trading near the high of this range.
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.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SPCB also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 10.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPCB in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.75
12.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.24 to 10.37. 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 9.75 to 9.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.82 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @11.31 from a trend line in the daily time frame.
- Resistance @11.50 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.90 to 12.00. 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 SPCB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPCB is up. |
| ChartMill Relative Strength | 97.65 | POSITIVE | SPCB has a high relative strength, it outperformed 97.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPCB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPCB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPCB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.34 | NEUTRAL | The RSI value for SPCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SPCB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.63 | NEUTRAL | The Stochastics value for SPCB is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for SPCB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for SPCB suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.32 | 10.23 | 1.09 (9.63%) | 10.39% |
| An entry @11.32. This is a Buy Stop order right above the resistance zone. | An exit @10.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.09 points, which is 9.63%. | For a 1.00% total portfolio risk, you can invest 10.39% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.52
+0.03 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.29%
1 Week7.84%
2 Weeks0%
1 Month-5.9%
3 Month73.03%
6 Month8.01%
12 Month182.8%
2 Year-48.43%
3 Year-82.45%
5 Year-96.05%
10 Year-99.54%
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%7%
ATR Inc5.4%
Range Today0.6
ADR(20)0.7
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
Mansfield5.19
10 Day High11
10 Day Low9.23
20 Day High11.18
20 Day Low9.23
52 Week High18.95
52 Week Low2.55
CS1 End10.37
CR1 Start11.31
Volume & EV
DER(3)7.95%
DER(5)6.31%
Volume80.40K
Volume Incr-37.44%
Vol(5)104.32K
Vol(50)205.46K