SPHERE ENTERTAINMENT CO (SPHR) Stock Technical Analysis
NYSE:SPHR - New York Stock Exchange, Inc. - US55826T1025 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SPHR. Recently some decent action could be observed, but in the medium term time frame this is still negative. SPHR was also a bad performer in the overall market in the last year.
66% of all other stocks performed better in the past year than SPHR.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SPHR has a been trading in the 26.54 - 39.64 range, which is quite wide. It is currently trading near the high of this range.
SPHR is an average performer in the Entertainment industry, it outperforms 52% of 71 stocks in the same industry.
SPHR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPHR is lagging the market slightly.
SPHR 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.
More info and screens
35.97
49.57
When analyzing the support we notice one important area.
- Support @36.33 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 38.79 to 39.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 47.15 to 47.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.91 to 49.08. 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 | NEUTRAL | NEUTRAL | The long term trend for SPHR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPHR is up. |
| ChartMill Relative Strength | 34.01 | 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 | NEGATIVE | The current price of SPHR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.55 | NEUTRAL | The RSI value for SPHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests SPHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.96 | OVERBOUGHT | The high Stochastics value suggests SPHR may be overbought. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for SPHR suggests high volalility. |
| Average Directional Index/ADX (14) | 34.31 | 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)
37.59
+1.25 (+3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg3.44%
1 Week0.13%
2 Weeks19.03%
1 Month42.01%
3 Month-19.88%
6 Month-6.7%
12 Month5.98%
2 Year57.48%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.94
ATR(20)%5.1%
ATR Inc58.54%
Range Today2.3
ADR(20)1.68
ADR(20)%4.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.01
Mansfield-0.71
10 Day High39.64
10 Day Low31.85
20 Day High39.64
20 Day Low26.54
52 Week High50.88
52 Week Low23.89
CS1 EndN/A
CR1 Start38.79
Volume & EV
DER(3)1.37%
DER(5)2.38%
Volume1.44M
Volume Incr-20.2%
Vol(5)845.47K
Vol(50)981.49K