SPECTRUM PHARMACEUTICALS INC (SPPI)

US84763A1088 - Common Stock

1.03  0 (0%)

After market: 1.04 +0.01 (+0.97%)

Technical Rating and Analysis

4

Taking everything into account, SPPI scores 4 out of 10 in our technical rating. In the last year, SPPI was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

When comparing the yearly performance of all stocks, SPPI is a bad performer in the overall market: 62% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month SPPI has a been trading in the 0.93 - 1.06 range, which is quite wide. It is currently trading near the high of this range.
SPPI has an average volume of 1205650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPPI is an average performer in the Biotechnology industry, it outperforms 59% of 588 stocks in the same industry.
SPPI 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 SPPI is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SPPI Weekly chart
SPPI Daily chart
Setup Rating and Analysis

6

SPPI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.81

1.34

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.82 from a trend line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.14 from a trend line in the weekly time frame.
  • Resistance @1.28 from a trend line in the weekly time frame.
  • Resistance @1.33 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.7
Mansfield1.61
10 Day High1.06
10 Day Low0.96
20 Day High1.06
20 Day Low0.93
52 Week High1.57
52 Week Low0.32
Performance
1 Week0%
2 Weeks6.03%
1 Month7.29%
3 Month-5.5%
6 Month27.16%
12 Month-2.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)56.79
LBB0.93
UBB1.04
SPPI Daily chart

SPECTRUM PHARMACEUTICALS INC

NASDAQ:SPPI (7/31/2023, 7:00:02 PM)

After market: 1.04 +0.01 (+0.97%)

1.03

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week0%
2 Weeks6.03%
1 Month7.29%
3 Month-5.5%
6 Month27.16%
12 Month-2.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%3.75%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.06
10 Day Low0.96
20 Day High1.06
20 Day Low0.93
52 Week High1.57
52 Week Low0.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.93M
Volume Incr260.26%
Vol(5)2.81M
Vol(50)1.21M