SPIRE GLOBAL INC (SPIR) Stock Technical Analysis
NYSE:SPIR - New York Stock Exchange, Inc. - US8485603067 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to SPIR. SPIR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, SPIR is a bad performer in the overall market: 84% of all stocks are doing better.
SPIR is part of the Professional Services industry. There are 82 other stocks in this industry, of which 61% are performing better than SPIR.
In the last month SPIR has a been trading in the 10.57 - 12.86 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
Although the technical rating is only medium, SPIR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
6.82
12.63
When analyzing the support we can see 6 important areas.
- Support @11.04 from a trend line in the weekly time frame.
- Support @10.67 from a trend line in the daily time frame.
- A support zone ranging from 9.93 to 9.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.68 from a horizontal line in the daily time frame.
- Support @8.39 from a trend line in the weekly time frame.
- Support @6.89 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.03 from a trend line in the daily time frame.
- A resistance zone ranging from 12.27 to 12.50. 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 SPIR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPIR is neutral. |
| ChartMill Relative Strength | 16.77 | NEGATIVE | SPIR has a low relative strength, it was outperformed by 83.23% off all stocks 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) | UP | MIXED | The current price of SPIR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.05 | NEUTRAL | The RSI value for SPIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SPIR has a negative trend. |
| Stochastics (14,3) | 30.13 | NEUTRAL | The Stochastics value for SPIR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for SPIR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for SPIR suggests a weak or negative 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)
11.15
-0.13 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.15%
1 Week-9.05%
2 Weeks-4.54%
1 Month-0.62%
3 Month4.79%
6 Month-40.75%
12 Month-22.14%
2 Year95.67%
3 Year-7.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%6.65%
ATR Inc-44.27%
Range Today0.45
ADR(20)0.73
ADR(20)%6.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.77
Mansfield-1.09
10 Day High12.86
10 Day Low10.57
20 Day High12.86
20 Day Low10.57
52 Week High21.43
52 Week Low6.26
CS1 End11.04
CR1 Start12.03
Volume & EV
DER(3)-1.77%
DER(5)-4.42%
Volume346.90K
Volume Incr7.72%
Vol(5)702.14K
Vol(50)652.94K