SPCB Technical Analysis - SUPERCOM LTD

Technical Rating and Analysis

Taking everything into account, SPCB scores 5 out of 10 in our technical rating. In the last year, SPCB was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month SPCB has a been trading in the 9.71 - 13.57 range, which is quite wide. It is currently trading near the lows of this range.

SPCB is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. SPCB outperforms 87% of them.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

Looking at the yearly performance, SPCB did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

SPCB has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.80

13.18

We found 2 important support areas.

A support zone ranging from 10.27 to 10.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @9.90 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 10.29 to 10.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @12.81 from a trend line in the weekly time frame.
Resistance @13.05 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for SPCB is down.
ChartMill Relative Strength	96.74	POSITIVE	SPCB has a high relative strength, it outperformed 96.74% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SPCB is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of SPCB is below 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)	43.63	NEUTRAL	The RSI value for SPCB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.24	NEGATIVE	The MACD value suggests SPCB has a negative trend.
Stochastics (14,3)	19.58	OVERSOLD	The low Stochastics value suggests SPCB may be oversold.
Average True Range in percent/ATR (20)	7.89	HIGH VOLATILITY	The high ATR as a percentage value for SPCB suggests high volalility.
Average Directional Index/ADX (14)	23.6	NEUTRAL	The ADX value for SPCB suggests a possible start of a new trend.