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 8 out of 10 to SPHR. SPHR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
SPHR is one of the better performing stocks in the Entertainment industry, it outperforms 74% of 72 stocks in the same industry.
In the last month SPHR has a been trading in the 35.58 - 40.75 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that SPHR is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
SPHR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPHR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SPHR has an excellent technical rating, but the quality of the setup is only medium 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
36.62
49.57
When analyzing the support we can see 3 important areas.
- Support @39.05 from a trend line in the daily time frame.
- A support zone ranging from 37.66 to 38.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.99 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 39.76 to 39.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.93 from a trend line in the weekly time frame.
- 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 | 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 | 84.98 | POSITIVE | SPHR has a high relative strength, it outperformed 84.98% 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) | DOWN | MIXED | The current price of SPHR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.16 | NEUTRAL | The RSI value for SPHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SPHR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.05 | OVERBOUGHT | The high Stochastics value suggests SPHR may be overbought. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SPHR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.32 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.84 | 39.75 | 0.09 (0.23%) | 25.00% |
| An entry @39.84. This is a Buy Stop order right above the resistance zone. | An exit @39.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.09 points, which is 0.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.06%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPHR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:SPHR (6/12/2025, 10:56:46 AM)
39.62
-0.2 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.5%
1 Week7.62%
2 Weeks5.26%
1 Month6.02%
3 Month26.33%
6 Month5.32%
12 Month15.76%
2 Year45.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%3.52%
ATR Inc-3.07%
Range Today0.59
ADR(20)1.35
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.98
Mansfield-0.43
10 Day High40.75
10 Day Low36.32
20 Day High40.75
20 Day Low35.58
52 Week High50.88
52 Week Low23.89
CS1 End39.76
CR1 Start39.83
Volume & EV
DER(3)-3.19%
DER(5)0.66%
Volume42.58K
Volume Incr-34.02%
Vol(5)505.96K
Vol(50)910.18K