SPIRE GLOBAL INC (SPIR) Stock Technical Analysis
NYSE:SPIR - New York Stock Exchange, Inc. - US8485603067 - Common Stock - Currency: USD
Taking everything into account, SPIR scores 7 out of 10 in our technical rating. In the past year, SPIR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
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.
SPIR is one of the better performing stocks in the Professional Services industry, it outperforms 83% of 81 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that SPIR is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
In the last month SPIR has a been trading in the 9.23 - 12.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SPIR has an excellent technical rating, it does not present a decent entry opportunity 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
6.82
12.45
We found 6 important support areas.
- A support zone ranging from 10.56 to 10.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @8.23 from a trend line in the weekly time frame.
- Support @7.70 from a trend line in the weekly time frame.
- Support @6.89 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @12.01 from a horizontal line in the weekly time frame.
- Resistance @12.33 from a horizontal 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 | UP | POSITIVE | The short term trend for SPIR is up. |
| ChartMill Relative Strength | 83.12 | POSITIVE | SPIR has a high relative strength, it outperformed 83.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPIR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPIR is above 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) | 54.97 | NEUTRAL | The RSI value for SPIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SPIR has a positive trend. |
| Stochastics (14,3) | 74.69 | NEUTRAL | The Stochastics value for SPIR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for SPIR suggests high volalility. |
| Average Directional Index/ADX (14) | 18.71 | 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)
11.34
+0.04 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.35%
1 Week15.6%
2 Weeks12.17%
1 Month8.31%
3 Month50.8%
6 Month-27.07%
12 Month8.83%
2 Year99%
3 Year-5.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%6.06%
ATR Inc-23.96%
Range Today0.3
ADR(20)0.66
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.12
Mansfield-0.84
10 Day High12.25
10 Day Low9.23
20 Day High12.51
20 Day Low9.23
52 Week High21.43
52 Week Low6.26
CS1 End9.93
CR1 Start12.01
Volume & EV
DER(3)3.87%
DER(5)6.75%
Volume375.60K
Volume Incr33%
Vol(5)864.64K
Vol(50)655.59K