SPIRE GLOBAL INC (SPIR) Stock Technical Analysis
NYSE:SPIR - US8485603067 - Common Stock
8.96 USD
+0.12 (+1.36%)
9.06 USD
+0.1 (+1.12%)
Taking everything into account, SPIR scores 0 out of 10 in our technical rating. SPIR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SPIR is a bad performer in the overall market: 85% of all stocks are doing better.
SPIR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SPIR has a been trading in the 8.44 - 11.28 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 82 other stocks in this industry, SPIR did better than 51% of them.
Although the technical rating is bad, SPIR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPIR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.82
12.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.78 to 8.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.63 from a horizontal line in the daily time frame.
- Support @7.83 from a trend line in the weekly time frame.
- Support @6.89 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.16 to 9.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.65 to 9.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.32 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 | DOWN | NEGATIVE | The long term trend for SPIR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPIR is down. |
| ChartMill Relative Strength | 15.74 | NEGATIVE | SPIR has a low relative strength, it was outperformed by 84.26% 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) | DOWN | NEGATIVE | The current price of SPIR is below a declining 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) | 43 | NEUTRAL | The RSI value for SPIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SPIR has a positive trend. |
| Stochastics (14,3) | 43.27 | NEUTRAL | The Stochastics value for SPIR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for SPIR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.13 | 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)
8.96
+0.12 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.36%
1 Week-2.08%
2 Weeks0.22%
1 Month-6.18%
3 Month-17.8%
6 Month4.55%
12 Month-3.66%
2 Year83.23%
3 Year3.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%6.15%
ATR Inc-31.7%
Range Today0.27
ADR(20)0.53
ADR(20)%5.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.74
Mansfield-2.87
10 Day High9.37
10 Day Low8.53
20 Day High11.28
20 Day Low8.44
52 Week High21.43
52 Week Low6.85
CS1 End8.86
CR1 Start9.16
Volume & EV
DER(3)3.83%
DER(5)2.72%
Volume252.93K
Volume Incr-28.78%
Vol(5)414.60K
Vol(50)540.98K