SIMPPLE LTD (SPPL) Stock Technical Analysis
USA - NASDAQ:SPPL - KYG8192U1159 - Common Stock
6.1751 USD
+0.01 (+0.2%)
5.5 USD
-0.68 (-10.93%)
We assign a technical rating of 10 out of 10 to SPPL. Both in the recent history as in the last year, SPPL has proven to be a steady performer, scoring decent points in every aspect analyzed.
SPPL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: SPPL has an average volume of 20338 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SPPL did better than 96% of all other stocks.
SPPL is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry. SPPL outperforms 100% of them.
In the last month SPPL has a been trading in the 5.16 - 7.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SPPL has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
2.53
6.70
We found 3 important support areas.
- A support zone ranging from 5.50 to 5.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.40 from a trend line in the daily time frame.
- Support @2.56 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @6.33 from a horizontal line in the weekly time frame.
- Resistance @6.63 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 SPPL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPPL is up. |
| ChartMill Relative Strength | 96.34 | POSITIVE | SPPL has a high relative strength, it outperformed 96.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPPL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPPL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPPL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.46 | NEUTRAL | The RSI value for SPPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SPPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.47 | NEUTRAL | The Stochastics value for SPPL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.15 | HIGH VOLATILITY | The high ATR as a percentage value for SPPL suggests high volalility. |
| Average Directional Index/ADX (14) | 41.6 | POSITIVE | The high ADX value value for SPPL 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 |
|---|---|---|---|
| 6.34 | 5.49 | 0.85 (13.41%) | 7.46% |
| An entry @6.34. This is a Buy Stop order right above the resistance zone. | An exit @5.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.85 points, which is 13.41%. | When investing 7.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
6.1751
+0.01 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.2%
1 Week10.47%
2 Weeks12.27%
1 Month6.65%
3 Month82.16%
6 Month77.45%
12 Month114.41%
2 Year-84.53%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%8.15%
ATR Inc-54.7%
Range Today0.02
ADR(20)0.45
ADR(20)%7.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.34
Mansfield1.56
10 Day High7
10 Day Low5.16
20 Day High7
20 Day Low5.16
52 Week High16.8
52 Week Low2.16
CS1 End5.5
CR1 Start6.33
Volume & EV
DER(3)4.62%
DER(5)-0.23%
Volume1.00K
Volume Incr-59.9%
Vol(5)9.06K
Vol(50)20.34K