SAPIENS INTERNATIONAL CORP (SPNS) Stock Technical Analysis
NASDAQ:SPNS - Nasdaq - KYG7T16G1039 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SPNS. In the last year, SPNS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
80% of all other stocks performed better in the past year than SPNS.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SPNS is an average performer in the Software industry, it outperforms 46% of 283 stocks in the same industry.
SPNS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPNS is lagging the market.
In the last month SPNS has a been trading in the 26.14 - 31.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SPNS is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.32
31.09
When analyzing the support we can see 6 important areas.
- A support zone ranging from 28.42 to 28.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.12 to 27.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.49 to 26.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @25.92 from a trend line in the weekly time frame.
- A support zone ranging from 25.30 to 25.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @24.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.03 to 30.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.78 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 SPNS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPNS is neutral. |
| ChartMill Relative Strength | 20.98 | NEGATIVE | SPNS has a low relative strength, it was outperformed by 79.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPNS is above a declining 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) | DOWN | MIXED | The current price of SPNS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.91 | NEUTRAL | The RSI value for SPNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SPNS has a positive trend. |
| Stochastics (14,3) | 37.52 | NEUTRAL | The Stochastics value for SPNS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SPNS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.95 | POSITIVE | The high ADX value value for SPNS suggests a strong 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)
29.5
+0.73 (+2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.54%
1 Week9.46%
2 Weeks2.29%
1 Month-0.37%
3 Month3.36%
6 Month11.78%
12 Month-18.35%
2 Year-1.3%
3 Year33.36%
5 Year-12.05%
10 Year153.44%
15 Year1412.82%
Volatility
ATR(14)1.06
ATR(20)%2.93%
ATR Inc378.5%
Range Today0.96
ADR(20)0.73
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.98
Mansfield-0.97
10 Day High31.87
10 Day Low26.14
20 Day High31.87
20 Day Low26.14
52 Week High39.99
52 Week Low23.69
CS1 End28.97
CR1 Start30.03
Volume & EV
DER(3)6.16%
DER(5)3.04%
Volume518.30K
Volume Incr79.26%
Vol(5)408.96K
Vol(50)209.44K