SPHERE ENTERTAINMENT CO (SPHR) Stock Technical Analysis
NYSE:SPHR - US55826T1025 - Common Stock
43 USD
-0.7 (-1.6%)
42.99 USD
-0.01 (-0.02%)
Taking everything into account, SPHR scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SPHR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
SPHR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPHR is lagging the market slightly.
In the last month SPHR has a been trading in the 37.89 - 45.50 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SPHR turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
SPHR is an average performer in the Entertainment industry, it outperforms 54% of 75 stocks in the same industry.
Besides having an excellent technical rating, SPHR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 42.16, a Stop Loss order could be placed below this zone.
More info and screens
37.81
49.57
We found 3 important support areas.
- A support zone ranging from 40.89 to 42.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.86 from a horizontal line in the weekly time frame.
- A support zone ranging from 38.19 to 39.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @46.11 from a trend line in the weekly time frame.
- A resistance zone ranging from 48.20 to 48.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.08 from a horizontal line in the weekly 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 | 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 | 45.51 | NEUTRAL | SPHR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SPHR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.19 | NEUTRAL | The RSI value for SPHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests SPHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.16 | NEUTRAL | The Stochastics value for SPHR is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for SPHR suggests high volalility. |
| Average Directional Index/ADX (14) | 30.03 | POSITIVE | The high ADX value value for SPHR suggests a strong 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)
43
-0.7 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.6%
1 Week7.47%
2 Weeks8.04%
1 Month0.58%
3 Month14.06%
6 Month-1.44%
12 Month-7.73%
2 Year22.65%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.25
ATR(20)%5%
ATR Inc-36.55%
Range Today0.79
ADR(20)2.11
ADR(20)%4.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.51
Mansfield-0.11
10 Day High45.5
10 Day Low38.83
20 Day High45.5
20 Day Low37.89
52 Week High49.73
52 Week Low23.89
CS1 End42.16
CR1 Start46.11
Volume & EV
DER(3)-2.05%
DER(5)-3.43%
Volume1.01M
Volume Incr3.99%
Vol(5)839.40K
Vol(50)723.69K