SPROTT PHYSICAL PLATINUM AND (SPPP) Stock Technical Analysis
NYSEARCA:SPPP - CA85207Q1046
12.13 USD
+0.15 (+1.25%)
12.12 USD
-0.01 (-0.08%)
We assign a technical rating of 8 out of 10 to SPPP. Both in the recent history as in the last year, SPPP has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
Looking at the yearly performance, SPPP did better than 82% of all other stocks.
SPPP 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 SPPP is lagging the market slightly.
In the last month SPPP has a been trading in the 11.57 - 12.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SPPP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 11.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPPP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.62
12.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.61 to 11.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.29 from a horizontal line in the daily time frame.
- A support zone ranging from 9.01 to 9.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.71 from a horizontal line in the weekly 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 SPPP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPPP is neutral. |
| ChartMill Relative Strength | 82.91 | POSITIVE | SPPP has a high relative strength, it outperformed 82.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPPP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPPP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPPP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.55 | NEUTRAL | The RSI value for SPPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SPPP has a positive trend. |
| Stochastics (14,3) | 69.82 | NEUTRAL | The Stochastics value for SPPP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for SPPP suggests low volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for SPPP suggests a weak or negative 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 |
|---|---|---|---|
| 12.19 | 11.56 | 0.63 (5.14%) | 19.46% |
| An entry @12.19. This is a Buy Stop order right above the 10 day high. | An exit @11.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.63 points, which is 5.14%. | When investing 19.46% 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.
12.13
+0.15 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.25%
1 Week0.83%
2 Weeks2.36%
1 Month0.58%
3 Month19.27%
6 Month29.32%
12 Month28.91%
2 Year8.11%
3 Year-11.52%
5 Year-26.8%
10 Year78.91%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.63%
ATR Inc3.39%
Range Today0.26
ADR(20)0.17
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.91
Mansfield0.82
10 Day High12.18
10 Day Low11.57
20 Day High12.29
20 Day Low11.57
52 Week High13.34
52 Week Low8.83
CS1 End11.92
CR1 StartN/A
Volume & EV
DER(3)7.68%
DER(5)7.26%
Volume291.10K
Volume Incr13.13%
Vol(5)396.66K
Vol(50)619.75K