SAPIENS INTERNATIONAL CORP (SPNS) Stock Technical Analysis
USA - NASDAQ:SPNS - KYG7T16G1039 - Common Stock
Overall SPNS gets a technical rating of 8 out of 10. Both in the recent history as in the last year, SPNS has proven to be a steady performer, scoring decent points in every aspect analyzed.
SPNS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 43.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.10, a Stop Loss order could be placed below this zone.
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26.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.92 to 43.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.53 from a trend line in the daily time frame.
- A support zone ranging from 27.09 to 27.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.18 to 43.19. 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 | UP | POSITIVE | The long term trend for SPNS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPNS is up. |
| ChartMill Relative Strength | 86.67 | POSITIVE | SPNS has a high relative strength, it outperformed 86.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPNS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPNS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPNS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.06 | OVERBOUGHT | The high RSI value suggests SPNS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SPNS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.16 | NEUTRAL | The Stochastics value for SPNS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for SPNS suggests low volalility. |
| Average Directional Index/ADX (14) | 60.77 | POSITIVE | The high ADX value value for SPNS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.20 | 43.01 | 0.19 (0.44%) | 25.00% |
| An entry @43.20. This is a Buy Stop order right above the resistance zone. | An exit @43.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 0.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
43.17
+0.02 (+0.05%)
SAPIENS INTERNATIONAL CORP / SPNS FAQ
What is the technical rating for SPNS stock?
ChartMill assigns a technical rating of 8 / 10 to SPNS.
What is the trend direction for SPNS stock?
The current trend direction for SAPIENS INTERNATIONAL CORP (SPNS) is Bullish.
What is the RSI signal for SAPIENS INTERNATIONAL CORP (SPNS) stock?
SAPIENS INTERNATIONAL CORP (SPNS) has an RSI value of 70.0604. This indicates that the stock is currently overbought.
What is the MACD signal for SAPIENS INTERNATIONAL CORP (SPNS) stock?
The MACD indicator for SAPIENS INTERNATIONAL CORP (SPNS) has a value of -0.0489627, indicating a bearish trend.
What is the support and resistance level for SPNS stock?
SAPIENS INTERNATIONAL CORP (SPNS) has a support level at 43.1 and a resistance level at 43.18. Check the full technical report for our detailed analysis of SPNS support and resistance levels.