SPHERE ENTERTAINMENT CO (SPHR) Technical Analysis
NYSE:SPHR • US55826T1025
Current stock price
SPHR Technical Rating and Analysis
Overall SPHR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPHR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SPHR is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by SPHR over the past year are nicely spread over this period.
- SPHR is part of the Entertainment industry. There are 79 other stocks in this industry. SPHR outperforms 98% of them.
- A new 52 week high is currently being made by SPHR, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SPHR is leading the market.
- In the last month SPHR has a been trading in the 104.45 - 127.41 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SPHR Weekly and Daily overview Charts
SPHR Setup Rating and Analysis
Although SPHR has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
SPHR Support and Resistance Analysis
85.41
2 important support areas can be observed.
- A support zone ranging from 104.17 to 108.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.27 from a horizontal line in the daily time frame.
SPHR 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 SPHR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPHR is up. |
| ChartMill Relative Strength | 98.6 | POSITIVE | SPHR has a high relative strength, it outperformed 98.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPHR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPHR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPHR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.84 | NEUTRAL | The RSI value for SPHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.99 | POSITIVE | The MACD value suggests SPHR has a positive trend. |
| Stochastics (14,3) | 91.97 | OVERBOUGHT | The high Stochastics value suggests SPHR may be overbought. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for SPHR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.44 | NEUTRAL | The ADX value for SPHR suggests a possible start of a new trend. |
SPHR Chart- and CandleStick Pattern Analysis
SPHR Technicals: Chart, Performance Metrics, Trend & Indicators
127.22
+7.41 (+6.18%)
SPHERE ENTERTAINMENT CO / SPHR TA FAQ
Can you provide the ChartMill technical rating for SPHERE ENTERTAINMENT CO?
ChartMill assigns a technical rating of 10 / 10 to SPHR.
What is the trend direction for SPHR stock?
The current trend direction for SPHERE ENTERTAINMENT CO (SPHR) is Bullish.
Can you provide the RSI signal for SPHERE ENTERTAINMENT CO?
SPHERE ENTERTAINMENT CO (SPHR) has an RSI value of 65.8407. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPHERE ENTERTAINMENT CO?
The MACD indicator for SPHERE ENTERTAINMENT CO (SPHR) has a value of 0.987842, indicating a bearish trend.
What is the short term momentum for SPHERE ENTERTAINMENT CO (SPHR) stock?
The short term momentum for SPHERE ENTERTAINMENT CO (SPHR) is positive.