SPOK HOLDINGS INC (SPOK) Stock Technical Analysis
NASDAQ:SPOK - Nasdaq - US84863T1060 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SPOK. Although SPOK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SPOK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPOK is lagging the market slightly.
When compared to the yearly performance of all other stocks, SPOK outperforms 57% of them, which is more or less in line with the market.
SPOK is part of the Wireless Telecommunication Services industry. There are 21 other stocks in this industry, SPOK did better than 50% of them.
In the last month SPOK has a been trading in the 16.41 - 18.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SPOK also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.88, a Stop Loss order could be placed below this zone.
More info and screens
14.17
18.31
We found 5 important support areas.
- A support zone ranging from 16.77 to 16.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.25 to 16.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 15.68 to 15.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 15.13 to 15.19. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @14.31 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.57 to 17.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.13 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 | UP | POSITIVE | The long term trend for SPOK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPOK is neutral. |
| ChartMill Relative Strength | 57.08 | NEUTRAL | SPOK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPOK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPOK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPOK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.42 | NEUTRAL | The RSI value for SPOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SPOK has a negative trend. |
| Stochastics (14,3) | 40.92 | NEUTRAL | The Stochastics value for SPOK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for SPOK suggests some volalility. |
| Average Directional Index/ADX (14) | 28.06 | POSITIVE | The high ADX value value for SPOK 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)
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 |
|---|---|---|---|
| 17.84 | 17.22 | 0.62 (3.48%) | 25.00% |
| An entry @17.84. This is a Buy Stop order right above the resistance zone. | An exit @17.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.62 points, which is 3.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPOK. Please evaluate whether better entry and exit points can be found.
- 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.
17.37
-0.3 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-1.7%
1 Week-0.06%
2 Weeks-2.58%
1 Month4.95%
3 Month10.85%
6 Month9.11%
12 Month8.02%
2 Year18.49%
3 Year162.78%
5 Year73.35%
10 Year3.83%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%2.41%
ATR Inc4.21%
Range Today0.48
ADR(20)0.41
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.08
Mansfield0.03
10 Day High18.22
10 Day Low17.23
20 Day High18.29
20 Day Low16.41
52 Week High18.29
52 Week Low13.55
CS1 End16.88
CR1 Start17.57
Volume & EV
DER(3)2.55%
DER(5)1.71%
Volume152.80K
Volume Incr-14.08%
Vol(5)103.18K
Vol(50)114.28K