SPIRE GLOBAL INC (SPIR) Stock Technical Analysis
NYSE:SPIR • US8485603067
Overall SPIR gets a technical rating of 2 out of 10. SPIR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month SPIR has a been trading in the 8.70 - 13.69 range, which is quite wide. It is currently trading near the lows of this range.
- SPIR is part of the Professional Services industry. There are 88 other stocks in this industry. SPIR outperforms 82% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, SPIR turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- SPIR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPIR is lagging the market.
- Considerably lower volume is observed in the last couple of days.
The technical rating of SPIR is bad and it also does not present a 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
7.44
When analyzing the support we can see 2 important areas.
- Support @8.95 from a horizontal line in the daily time frame.
- A support zone ranging from 7.52 to 7.62. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.22 to 9.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.46 from a trend line in the weekly time frame.
- Resistance @13.00 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SPIR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPIR is down. |
| ChartMill Relative Strength | 42.82 | NEUTRAL | SPIR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPIR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPIR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.12 | NEUTRAL | The RSI value for SPIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests SPIR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.09 | OVERSOLD | The low Stochastics value suggests SPIR may be oversold. |
| Average True Range in percent/ATR (20) | 10.26 | HIGH VOLATILITY | The high ATR as a percentage value for SPIR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for SPIR suggests a possible start of a new trend. |
9.21
-0.18 (-1.92%)
SPIRE GLOBAL INC / SPIR FAQ
What is the ChartMill technical rating of SPIRE GLOBAL INC (SPIR) stock?
ChartMill assigns a technical rating of 2 / 10 to SPIR.
Can you provide the trend direction for SPIRE GLOBAL INC?
The current trend direction for SPIRE GLOBAL INC (SPIR) is Bearish.
What is the RSI signal for SPIR stock?
SPIRE GLOBAL INC (SPIR) has an RSI value of 42.1153. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPIRE GLOBAL INC?
The MACD indicator for SPIRE GLOBAL INC (SPIR) has a value of -0.248305, indicating a bearish trend.
What is the short term momentum for SPIR stock?
The short term momentum for SPIRE GLOBAL INC (SPIR) is negative.