Overall SPNE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPNE is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
SPNE is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 90% of 189 stocks in the same industry.
In the last month SPNE has a been trading in the 6.88 - 9.67 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that SPNE is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
SPNE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPNE is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.