SPIRIT AEROSYSTEMS HOLD-CL A (SPR) Stock Technical Analysis
NYSE:SPR - New York Stock Exchange, Inc. - US8485741099 - Common Stock - Currency: USD
Taking everything into account, SPR scores 7 out of 10 in our technical rating. Although SPR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
SPR is one of the lesser performing stocks in the Aerospace & Defense industry. 61% of 66 stocks in the same industry do better.
In the last month SPR has a been trading in the 36.73 - 39.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SPR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPR is performing more or less in line with the market.
SPR has an average volume of 1268840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SPR outperforms 69% of them, which is more or less in line with the market.
SPR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.05, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.06
39.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.12 to 37.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.94 from a trend line in the weekly time frame.
- A support zone ranging from 29.35 to 29.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 37.56 to 37.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.73 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 SPR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPR is neutral. |
| ChartMill Relative Strength | 69.52 | NEUTRAL | SPR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.45 | NEUTRAL | The RSI value for SPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests SPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.14 | OVERSOLD | The low Stochastics value suggests SPR may be oversold. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for SPR suggests low volalility. |
| Average Directional Index/ADX (14) | 25.13 | POSITIVE | The high ADX value value for SPR 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 |
|---|---|---|---|
| 37.96 | 36.72 | 1.24 (3.27%) | 25.00% |
| An entry @37.96. This is a Buy Stop order right above the resistance zone. | An exit @36.72. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.24 points, which is 3.27%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
37.12
+0.26 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.71%
1 Week-0.91%
2 Weeks-1.49%
1 Month0.19%
3 Month4.24%
6 Month11.61%
12 Month10.61%
2 Year27.17%
3 Year26.69%
5 Year55.05%
10 Year-32.64%
15 Year94.75%
Volatility
ATR(14)0.68
ATR(20)%1.7%
ATR Inc-12.82%
Range Today0.63
ADR(20)0.58
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.52
Mansfield0.53
10 Day High39
10 Day Low36.73
20 Day High39
20 Day Low36.73
52 Week High39
52 Week Low27
CS1 End37.05
CR1 Start37.56
Volume & EV
DER(3)-0.3%
DER(5)1.21%
Volume2.08M
Volume Incr28.48%
Vol(5)1.27M
Vol(50)1.27M