Overall SPCB gets a technical rating of 3 out of 10. Although SPCB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 a resistance zone just above the current price starting at 9.35. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SPCB in the last couple of days, which is a good sign.
8.17
We found 2 important support areas.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for SPCB is down. |
| ChartMill Relative Strength | 96.24 | POSITIVE | SPCB has a high relative strength, it outperformed 96.24% 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) | DOWN | NEGATIVE | The current price of SPCB is below a declining 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) | 47.19 | NEUTRAL | The RSI value for SPCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SPCB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.54 | OVERBOUGHT | The high Stochastics value suggests SPCB may be overbought. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for SPCB suggests high volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for SPCB suggests a possible start of a new trend. |
9.29
-0.19 (-2%)
ChartMill assigns a technical rating of 3 / 10 to SPCB.
The current trend direction for SUPERCOM LTD (SPCB) is Bearish.
SUPERCOM LTD (SPCB) has an RSI value of 47.1949. This indicates that the stock is currently neutral.
The MACD indicator for SUPERCOM LTD (SPCB) has a value of 0.117071, indicating a bearish trend.
The buy/sell signal for SUPERCOM LTD (SPCB) is sell as both the short term and long term trends are negative.